Group Term Life

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with convenience and peace of mind

Group Term Life

Group Term Life

  • Designed for members 18 to 64 years of age
  • Long-lasting coverage (until age 120), as long as you pay your premiums
  • Benefit amount remains the same (until age 80).
  • You pay a premium for a certain amount of coverage – it could be $50,000, $100,000 or $150,000
  • Optional spouse coverage available
  • No medical exams are required, your answers to a few brief health questions can determine insurability
  • The simplest kind of insurance available
  • Convenient payments that can be automatically deducted from your checking or savings account

Must be RFCU® member to obtain insurance products. Must be eligible for membership and open a share savings account to join. A $5.00 minimum balance is required to open and must be maintained in share savings account at all times. Fees and other restrictions may apply.

Insurance products are offered through third-party insurance companies, are not Redstone Federal Credit Union® products, and are not NCUA or federally insured. These products are not obligations of Redstone Federal Credit Union and are not endorsed or recommended by RFCU or any government agency. RFCU does not warrant, guarantee, or insure any service or product offered by any third-party insurance company. RFCU and third party insurance companies are separate entities.

Term Life and Guaranteed Issue Term Life Insurance underwritten by Transamerica Premier Life Insurance Company, Cedar Rapids, IA. Group Accidental Death & Dismemberment Insurance underwritten by New York Life Insurance Company, New York, NY 10010 on Policy Form GMR.

Arkansas License# 247064 | California License# 0I01599

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Must be RFCU member or Membership Partner to open a business account, obtain a loan, or use any service. Must be eligible for membership and open a share savings account to become a member. A $5 minimum balance is required to open share savings account and must be maintained in share account at all times. Minimum deposits, account balances, and transaction fees apply to some business accounts. Loans subject to credit approval. RFCU is an Equal Credit Opportunity Lender. .Must have Company ID, User ID, and password to access Business Online Banking. Third party message, data, and/or internet service provider rates may apply; check with your provider.

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