ACS Group Term Life Insurance offers coverage amounts of $25,000 to $2,000,000, plus features1 such as:
- Portable coverage, allowing you to keep your policy even if you switch jobs2
- Guaranteed renewability
- Automatic $15,000 of accidental death and dismemberment coverage for members
- Disability benefit
- Competitive rates made possible through group purchasing
- Inflation guard option
1Certain state eligibility restrictions apply
2As long as you pay your premiums when due, maintain your ACS membership, and the Group Policy remains in force.
All ACS members and society affiliates who reside in the U.S.* (except territories), Canada (except Quebec), or Puerto Rico may apply for basic term life ($25,000) protection. ACS members and their spouse/domestic partner, under age 70, may apply for coverage up to $2,000,000 (in $5,000 increments); spouse coverage may not exceed member benefits. All unmarried, dependent children under age 30 are also eligible for coverage: $7,500 for children 1 year and older, and $400 for children under 1 year.
A dependent who is also an ACS member is eligible for either member or dependent coverage, but not both. If both spouses/domestic partners are covered as members, neither may insure the other as spouse/domestic partner and only one may insure any eligible children.
The aggregate maximum amount of life insurance in force for all New York Life ACS Group Life Insurance policies may not exceed $2,000,000 per insured individual.