Term Life Insurance, issued by The Prudential Insurance Company of America (Prudential), can be an affordable way to help protect your family’s financial security if something happens to you. It pays a benefit in the event of the death of the insured during a specified term. Premiums are fixed over the course of the term and based on factors such as your age at the time you take out the policy, your overall health, gender and amount of coverage desired.
Up to $1,000,000 of life insurance coverage is available to State Bar of Texas members through the Member Term Life plan. Eligible dependents include the spouse/domestic partner, and dependent children from live birth to less than 26 years of age.
All applicants will need to Apply Online or complete a Prudential Application Form. Approval process takes approximately 30 days, depending upon additional information requested by The Prudential Insurance Company of America.
Coverage amounts under the Member Term Life Plan for Texas Bar Members are in increments of $100,000. The maximum coverage amount is $1,000,000.
Coverage amounts for your eligible dependents are as follows:
› Spouse/domestic partner – A multiple of $10,000 – maximum $250,000
› Each child – A multiple of $2,000 – maximum $10,000 (each child must be covered for the same benefit amount.)
The amount of insurance for a dependent may not exceed 50% of your amount of insurance.
All members of the State Bar of Texas are eligible for the Member Term Life Plan.
Spouse/domestic partner and dependent children from live birth to less than 26 years of age. Children include legally adopted children, step-children and foster children who depend on the attorney/employee for support and maintenance. Children also include grandchildren if they are considered dependents for federal income tax purposes.
As a benefit of your State Bar of Texas membership, you will receive a subscription to TELADOC at no cost to you, when you purchase any product through the Texas Bar Private Insurance Exchange.* LEARN MORE >
This is not a complete description of the plan. For additional information including benefits, limitations and exclusions contact the Trust Office for a brochure. After you enroll, you will be issued a Group Insurance Certificate describing your coverage in greater detail. The complete terms of the coverage will be governed by the group insurance contract issued to the State Bar of Texas Insurance Trust by the carrier.
The Group Term Life Insurance coverage is issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ. The Booklet Certificate contains all details, including any policy exclusions, limitations, and restrictions, which may apply. Contract Series: 83500. CA COA #1179, NAIC #68241
* Teladoc is an independent company that provides telephonic physician services and does not provide Prudential products or services. Teladoc is solely responsible for the service provided.