Term Life and Accidental Death and Dismemberment (AD&D) Insurance

Term life insurance gives you the most coverage for your dollar. It’s designed to be affordable and straightforward, providing significant financial protection without breaking the bank. Plus, it includes Accidental Death and Dismemberment (AD&D) coverage, which doubles the policy's face value in the event of accidental death.

As a new NYSPIA member, you’re eligible to apply. For 60 days, you can secure coverage up to set limits for you and your family without having to answer questions about your medical history.

During Open Enrollment:

• Members: Up to $200,000 without disclosing medical history

• Spouse/Domestic Partner: Up to $50,000

• Children: $4,000 per child

You can increase your coverage beyond these limits (up to the maximum of $750,000 for members) at any time with a Medical History Statement approval.

AD&D insurance is automatically included with your term life plan. It provides extra financial protection in case of an accidental death by doubling the face value of your policy. It also pays benefits for specified injuries, like losing a limb or vision, based on the severity of the injury.

Yes, if they meet certain criteria. You and your partner must have lived together for at least six months and provide proof of financial interdependence, such as joint accounts, shared ownership of property, or a durable power of attorney. You’ll need to complete a Domestic Partner Affidavit to establish eligibility.

Yes! Dependent children, including those of your domestic partner, are covered from birth to age 20 (or up to 24 if they’re full-time students). One bi-weekly premium covers all eligible children under your policy, no matter how many you have.

Premiums for members and spouses/domestic partners are based on the member’s age. They’re adjusted every five years as you move into a new age band and are updated annually on the policy’s anniversary.

Yes. If you’re eligible for a New York State Retirement Benefit, you can continue your coverage under the same rate schedule as before retirement.

If you become totally disabled before age 60, you may qualify to have your premiums waived after a 6-month waiting period (during which you’ll continue paying premiums). This waiver continues until you return to work, fail to provide proof of continuing disability, or turn 65.

Yes. If you get married, have a child, or legally adopt, you can add your spouse/domestic partner or child to your coverage without proof of good health—provided you do so within 30 days of the event.

Coverage begins the day you apply, as long as no Medical History Statement is required. If a Medical History Statement is needed, your coverage starts the first day of the calendar month after the insurance carrier approves your application. If you’re not actively at work due to illness or injury on the effective date, coverage will begin on the first day you return to work.

You can name anyone as your beneficiary, including multiple beneficiaries. You’ll automatically be the beneficiary for the coverage purchased for your dependents.

With affordable rates and added benefits like AD&D and the Waiver of Premium, this plan makes it easy to provide financial security for your loved ones. It’s support you can count on when it matters most.