10-YEAR LEVEL GROUP TERM LIFE INSURANCE - BENEFIT HIGHLIGHTS
Wright’s 10-Year Level Term is high-value life insurance offering protection against financial burdens and security beyond your government-provided coverage.
The plan helps ensure funding for your children’s education, resolution of final debts and collateral for bank loans.
Affordable rates are level for 10 years.*
Coverage Amounts available from $100,000 to $1,000,000 in $25,000 increments.
Spouse can apply for coverage even if the Current/Retired Federal Employee does not.
Benefits payable regardless of any other insurance carried.
Worldwide, round-the clock coverage.
Current/Retired Federal Employees and or their Spouses own the coverage and can take it with them if they leave their current job(s) or move.
Accelerated Life Benefit provides terminally ill insureds with the option to receive a portion of their death benefit while still alive.
Insurance underwritten by ReliaStar Life Insurance Company, a member of the ING family of companies. ReliaStar Life is rated A (Excellent) by A.M. Best. This is the third highest of 15 ratings. A.M. Best assigns ratings from A++ to F based on a company's financial strength and ability to meet obligations to contract holders. ReliaStar Life is rated A (Strong) by Standard and Poor's. This is the sixth highest of 20 ratings. Standard and Poor's assigns ratings from AAA to CC based on a company's financial security.
*The initial premium will not change for the first 10 years unless the insurance company exercises its right to change premium rates for all insureds covered under the group policy with 60 days advance written notice.
** ING Travel Assistance services are provided by Europ Assistance USA, Bethesda, MD 20814.
***Funeral Planning and Concierge services provided by Everest Package, LLC, Houston, TX 77056.
Insurance provided by ReliaStar Life Insurance Company, a member of the ING family of companies. Policy form LP00GP.
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