Group Term Life
Members may apply for the MEA-sponsored Group Term Life insurance for themselves, their spouse and their dependent children under age 25. The Group Term Life is a "decreasing term life insurance policy" with competitive premiums and an excellent range of coverage choices.

Click on our Group Term Life Insurance "GTL" link here or in the drop down menu above for our online brochure, rates and an application.

Individual Level Term Insurance
For needs that span 30 years or less, term insurance can be an affordable means for qualifying individuals to solve many of today's life insurance needs. We offer competitive individual level term life insurance through several financially strong companies for 10, 15, 20 and 30 year terms. Benefits include:

• Guaranteed level premium rates for 10, 15, 20 or 30 years.
• Guaranteed conversion to a permanent product up to age 70 or at the end of the return privilege...without a medical exam.
• Guaranteed terminal illness benefit which allows the insured to receive up to 25-30% of the death benefit in advance...up to $250,000...if he/she becomes terminally ill and has a life expectancy of 12 months or less. The beneficiary receives the remaining benefits upon the death of the insured.
• Lower rates for females and non-tobacco users.
• Your choice of monthly, quarterly, semi-annual, or annual premium payments.

Return of Premium Term Life Insurance (ROP)
The concern most expressed in regards to term life insurance policies is that once they’re done...they’re done. The money you’ve put into the policy for life insurance protection is gone once the policy has completed the planned term of coverage. A return of premium term life insurance policy can solve this concern. It will pay a death benefit to your beneficiary(ies) should you die within the policy term. If you are living when the term ends and have kept your policy in force all or a portion of the premiums paid* will be returned to you.

*Policy terms and benefits differ with each carrier so be certain you fully understand the policy before making your purchase.

Request a quote online today.

Universal Life Insurance
Universal life insurance is a policy that develops a cash value (dependent upon the amount of cash you put into the policy and interest rates) and is commonly referred to as permanent insurance. These policies provide a death benefit and an investment component. The cash value of the policy can be used to pay future premiums, or withdrawn or borrowed from to help fund retirement, education or other needs.

Universal life insurance is the most flexible of the permanent life insurance policies. It is a combination of term insurance protection with the accumulating cash value of whole life. This plan of insurance can often increase in value faster than a traditional whole life policy in that it's interest rates tend to follow the markets.

Premiums are flexible and premium may be guaranteed for a specified length of time. As long as premiums are paid and the cash value of the policy is substantial enough to keep the policy in force, the policy will not lapse.