ACBA’s Group 10-Year Level Term Life Insurance policy guarantees rates for 10 years with coverage amounts that remain level for the entire time you’re insured. For those looking for stability, this insurance is a great option.


  • An Accelerated Death Benefit is included with your life insurance. This value-added Accelerated Death Benefit can help protect your financial security if you are diagnosed with a terminal illness.
  • Offers coverage up to $2 million, in increments of $50,000.
  • Offers an accelerated death benefit option allowing for a one-time request of 50% of in-force coverage amount to be paid while you’re alive if you are diagnosed as terminally ill*.
  • ACBA members under the age of 70 can request coverage along with their spouse/domestic partner and dependent children.

For more information, including features, costs, eligibility, renewability, limitations and exclusions, please download the brochure above or call our licensed representatives at 855-874-0816.

*Please note that receipt of Accelerated Death Benefits may affect your eligibility for public assistance programs and may be taxable. Prior to applying to receive such benefits, you should consult with the appropriate social services agency and seek the advice of a qualified tax advisor.


We have partnered with New York Life to provide these coverages at exclusively-negotiated rates. New York Life has received the highest financial strength ratings currently awarded to any U.S. life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch Ratings (AAA), Standard & Poor's (AA+) and Moody's Investors Service (Aaa). *Source: Third Party Rating Reports (as of 11/17/2023). The ACBA’s member-only insurance program is underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010 on Policy form GMR. New York Life Insurance Company is licensed/authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico and Canada. However, not all group policies it underwrites are available in all jurisdictions. Please check the policy brochures for current availability. New York Life Insurance Company's state of domicile is New York, and NAIC ID # 66915.

Michigan Residents: I understand that I may use a producer/agent to assist me with the completion of this application at no cost to me.

AR Insurance License # 325944; CA Insurance License # 0G11911