Limited Time: Up to $500,0001 Life Insurance
- no physical needed
We understand that the COVID-19 Pandemic presents a challenging time for everyone and it may have you reevaluating your life insurance needs and coverage. You probably have many worries on top of juggling work and family in a brand new way. While nothing can replace you, you can help to make sure your loved ones are protected - with life insurance.
GEBA is committed to helping you protect what's important. From now through
December 31, applications won't require a physical or medical exam if you're applying for coverage up to $500,000 and under age 50.
GEBA's carrier, New York Life Insurance Company has suspended in-person medical exams and/or labs and will process your application using your answers to health questions and information gathered from databases (prescription drug, motor vehicle, Medical Information Bureau, etc).
GEBA vs. FEGLI
Did you know that about half of Americans with insurance are underinsured? People with only group term life insurance have an average coverage gap of $225,000.* FEGLI alone may not be enough. Especially since you can't take it with you if you leave your job. GEBA offers Group Term Life Coverage you can keep, even if you leave the federal workforce. Interested in how they stack up? See the difference with our GEBA vs. FEGLI calculator or read more here
GEBA's Group Term Life Insurance^ Includes
- Coverage up to $600,000 for eligible members. Up to $300,000 for spousal coverage
- $20,000 in coverage for dependent children
- Coverage you can keep when you retire or leave your job
- Guaranteed coverage up to $50K
- Acts of War and Terrorism
Contact GEBA Representatives Today to Learn More
Eric Edwards - Financial Advisor
Rachel Perez - Financial Consultant
1 If you are already insured, this expedited underwriting offer applies to the total coverage amount (new and additional) up to $500,000.
^Group Term Life Insurance plan underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010 on Policy form GMR.
New York Life's state of domicile is New York, and NAIC ID # is 66915.
New York Life is licensed/authorized to transact business in all 50 United States, the District of Columbia, Puerto Rico, and Canada. However, not all group plans it underwrites are available in all jurisdictions. Please check the applicable insurance brochures for current availability.