{"id":4254,"date":"2023-03-17T15:04:02","date_gmt":"2023-03-17T15:04:02","guid":{"rendered":"https:\/\/mu.staging.premierhsllc.com\/awa\/?page_id=4254"},"modified":"2025-03-27T17:33:06","modified_gmt":"2025-03-27T17:33:06","slug":"term-life-insurance-benefits","status":"publish","type":"page","link":"https:\/\/affiliatedworkersassociation.org\/member-benefits\/health-insurance\/term-life-insurance-benefits\/","title":{"rendered":"Term Life Insurance Benefits"},"content":{"rendered":"\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h2 class=\"wp-block-heading\">Guaranteed Issue Term Life<\/h2>\n\n\n\n<p>If you do not currently have term life insurance benefits, AWA can help. With various programs available, every member can find the coverage that works best for them. Keep reading to learn more about this type of coverage and the available options, then contact us for more information about signing up.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full is-style-masked-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"1000\" src=\"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/AWA-Member-Benefits.jpg\" alt=\"Small business owner term life insurance benefits \" class=\"wp-image-3985\" srcset=\"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/AWA-Member-Benefits.jpg 1000w, https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/AWA-Member-Benefits-300x300.jpg 300w, https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/AWA-Member-Benefits-150x150.jpg 150w, https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/AWA-Member-Benefits-768x768.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--40)\">\n<h2 class=\"wp-block-heading\">Guaranteed Issue <strong>Term Life Insurance<\/strong> Benefits<\/h2>\n\n\n\n<p>Primary members of AWA have access to guaranteed-issue term life insurance benefits. No medical information is required for approval or to sign up. Some of our offered life insurance benefits include an accelerated death benefit in which coverage applies at 50% up to $7,500 with a 12-month life expectancy.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--70)\">\n<h2 class=\"wp-block-heading\">Choose the Coverage Option That Works Best for You<\/h2>\n\n\n\n<p>We offer four coverage options:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>$5,000<\/li>\n\n\n\n<li>$10,000<\/li>\n\n\n\n<li>$15,000<\/li>\n\n\n\n<li>$20,000<\/li>\n<\/ul>\n\n\n\n<p>All of the term life insurance benefits available to AWA members are underwritten by either Amalgamated Life Insurance Company or Guarantee Trust Life Insurance Company, both long-standing, A-rated carriers.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"wp-block-heading\">AWA Memberships with <strong>Term Life Benefits<\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-primary-light-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--70)\">\n<h3 class=\"wp-block-heading has-cyan-dark-color has-text-color\">AWA Life Plus ADD<\/h3>\n\n\n\n<figure class=\"wp-block-image alignright size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"589\" height=\"108\" src=\"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/Life-ADD.svg\" alt=\"\" class=\"wp-image-3632\" style=\"width:250px\"\/><\/figure>\n\n\n\n<p>The AWA\u00a0Life Plus ADD\u00a0membership provides access to Term Life and Accidental Death &amp; Dismemberment insurance benefits, which can help in the event of an unexpected accident.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-font-size has-small-font-size\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/affiliatedworkersassociation.org\/awa\/membership-plans\/awa-life-plus-add\/\" target=\"_blank\" rel=\"noreferrer noopener\">Learn More about AWA Life Plus ADD<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--70)\">\n<h3 class=\"wp-block-heading\">AWA Life Plus Triad<\/h3>\n\n\n\n<figure class=\"wp-block-image alignright size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"686\" height=\"108\" src=\"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/LifeTriad.svg\" alt=\"\" class=\"wp-image-3634\" style=\"width:250px\"\/><\/figure>\n\n\n\n<p>AWA\u00a0Life Plus Triad\u00a0provides individuals and families with affordable access to health care with easy-to-use benefits that start right away, like Term Life, Critical Illness, and Accidental Death &amp; Dismemberment.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-font-size has-small-font-size\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/affiliatedworkersassociation.org\/awa\/membership-plans\/awa-life-plus-triad\/\" target=\"_blank\" rel=\"noreferrer noopener\">Learn More About AWA Life Plus Triad<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-primary-light-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--70)\">\n<h3 class=\"wp-block-heading has-cyan-dark-color has-text-color\">AWA BasicGuard<\/h3>\n\n\n\n<figure class=\"wp-block-image alignright size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"23\" src=\"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/AWA-BasicGuard_XS.png\" alt=\"\" class=\"wp-image-3302\"\/><\/figure>\n\n\n\n<p>AWA\u00a0BasicGuard\u00a0gives members access to Group Term Life Insurance benefits with Accident Only benefits during the 6 month waiting period and full benefits after the waiting period ends.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-font-size has-small-font-size\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/affiliatedworkersassociation.org\/awa\/membership-plans\/awa-basicguard\/\" target=\"_blank\" rel=\"noreferrer noopener\">Learn More About AWA BasicGuard<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--70)\">\n<h2 class=\"wp-block-heading\">What is <strong>Term Life Insurance<\/strong> and How Does it Work?<\/h2>\n\n\n\n<p>In term life insurance, the insured pays a premium for a certain period of time (generally ten to thirty years). If the covered party dies during that time, the policy&#8217;s beneficiary receives a cash benefit.<\/p>\n\n\n\n<p>Generally speaking, term life insurance is more affordable than permanent whole life insurance. However, term policies do not have cash value, do not pay out anything after the policy&#8217;s term expires, and are limited to a death benefit.<\/p>\n\n\n\n<p>In addition to being more affordable, term life insurance premiums are consistent throughout the life of the policy, and the money the beneficiary receives is typically tax-free (unless the insured pays through pre-tax dollars).<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-secondary-light-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--50)\">\n<h2 class=\"wp-block-heading has-secondary-color has-text-color\">What Are the Different Types of <strong>Term Life Insurance<\/strong>?<\/h2>\n\n\n\n<p>There are numerous types of term life insurance on the market, including the following.<\/p>\n\n\n<div class=\"acf-block\" data-id=\"67e58bd13fa39\">ACF Block<\/div><\/div>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--40)\">\n<h2 class=\"wp-block-heading\">What Are the Pros and Cons of <strong>Term Life Insurance<\/strong>?<\/h2>\n\n\n\n<p>Term life insurance can be an excellent option for individuals who do not want to leave their loved ones to pay off any debt or funeral expenses. However, as is true of any insurance product, there are both pros and cons to this type of coverage.<\/p>\n\n\n<div class=\"acf-block\" data-id=\"67e58bd13fafb\">ACF Block<\/div><\/div>\n\n\n\n<div class=\"wp-block-group has-primary-light-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--70)\">\n<h2 class=\"wp-block-heading has-cyan-dark-color has-text-color\">When Should I Get a <strong>Term Life Insurance<\/strong> Policy?<\/h2>\n\n\n\n<p>That depends on your financial situation and your financial goals. For example, parents of young children often get a term life insurance policy to last twenty years, and they choose a level of coverage that would allow their child(ren) to get through high school and college.<\/p>\n\n\n\n<p>Some companies do not approve everyone for term life insurance, and they require a medical exam and will exclude higher-risk people. In that case, it can be much easier to get approved as a younger person, and that might be the best time to apply. Remember that AWA has guaranteed approval options that do not require medical exams.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--70)\">\n<h2 class=\"wp-block-heading\">Do <strong>Term Life Insurance<\/strong> Premiums Increase Over Time?<\/h2>\n\n\n\n<p>It is possible that term life insurance premiums will increase for a person over time, depending on their health and age. However, it all depends on the policy. Many companies offer term life at a guaranteed rate, meaning that the premium will not change for the entirety of the term.<\/p>\n\n\n\n<p>Keep in mind that a policy with premiums that are guaranteed not to go up is generally more expensive than one that can fluctuate.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Guaranteed Issue Term Life If you do not currently have term life insurance benefits, AWA can help. With various programs available, every member can find the coverage that works best for them. Keep reading to learn more about this type of coverage and the available options, then contact us for more information about signing up. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3370,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-4254","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Term Life Insurance Benefits - Affiliated Workers Association<\/title>\n<meta name=\"description\" content=\"If you do not currently have term life insurance benefits, AWA can help. Learn more about this type of coverage and the available options.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Term Life Insurance Benefits\" \/>\n<meta property=\"og:description\" content=\"If you do not currently have term life insurance benefits, AWA can help. Learn more about this type of coverage and the available options.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/\" \/>\n<meta property=\"og:site_name\" content=\"Affiliated Workers Association\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-27T17:33:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/AWA-Member-Benefits.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Term Life Insurance Benefits - Affiliated Workers Association","description":"If you do not currently have term life insurance benefits, AWA can help. Learn more about this type of coverage and the available options.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/","og_locale":"en_US","og_type":"article","og_title":"Term Life Insurance Benefits","og_description":"If you do not currently have term life insurance benefits, AWA can help. Learn more about this type of coverage and the available options.","og_url":"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/","og_site_name":"Affiliated Workers Association","article_modified_time":"2025-03-27T17:33:06+00:00","og_image":[{"url":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/AWA-Member-Benefits.jpg","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/","url":"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/","name":"Term Life Insurance Benefits - Affiliated Workers Association","isPartOf":{"@id":"https:\/\/mu.staging.premierhsllc.com\/awa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/#primaryimage"},"image":{"@id":"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/#primaryimage"},"thumbnailUrl":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/AWA-Member-Benefits.jpg","datePublished":"2023-03-17T15:04:02+00:00","dateModified":"2025-03-27T17:33:06+00:00","description":"If you do not currently have term life insurance benefits, AWA can help. Learn more about this type of coverage and the available options.","breadcrumb":{"@id":"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/#primaryimage","url":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/AWA-Member-Benefits.jpg","contentUrl":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-content\/uploads\/sites\/2\/AWA-Member-Benefits.jpg","width":1000,"height":1000,"caption":"AWA empowering entrepreneurs with member benefits"},{"@type":"BreadcrumbList","@id":"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/term-life-insurance-benefits\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mu.staging.premierhsllc.com\/awa\/"},{"@type":"ListItem","position":2,"name":"Member Benefits","item":"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/"},{"@type":"ListItem","position":3,"name":"Health Insurance","item":"https:\/\/mu.staging.premierhsllc.com\/awa\/member-benefits\/health-insurance\/"},{"@type":"ListItem","position":4,"name":"Term Life Insurance Benefits"}]},{"@type":"WebSite","@id":"https:\/\/mu.staging.premierhsllc.com\/awa\/#website","url":"https:\/\/mu.staging.premierhsllc.com\/awa\/","name":"Affiliated Workers Association","description":"Empowering Small Business Owners","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mu.staging.premierhsllc.com\/awa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-json\/wp\/v2\/pages\/4254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-json\/wp\/v2\/comments?post=4254"}],"version-history":[{"count":26,"href":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-json\/wp\/v2\/pages\/4254\/revisions"}],"predecessor-version":[{"id":5571,"href":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-json\/wp\/v2\/pages\/4254\/revisions\/5571"}],"up":[{"embeddable":true,"href":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-json\/wp\/v2\/pages\/3370"}],"wp:attachment":[{"href":"https:\/\/mu.staging.premierhsllc.com\/awa\/wp-json\/wp\/v2\/media?parent=4254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}