Younger members and their spouses want more low-cost life insurance so that if they die prematurely there will be sufficient funds for their children while they are growing up, for college education, to pay off debts such as a home mortgage and installment loans, or perhaps to ensure funds for the care of an aging parent.

Older members and their spouses want more low-cost life insurance so that there will be funds to take care of their spouse, to pay for final medical and funeral expenses, or perhaps to increase the inheritance for their children or grandchildren. There are two plans from which to choose.

Term Life Insurance
Members and/or spouses under 65 and children are eligible for this life insurance. It is available in $10,000 increments up to $250,000 for members and spouses, $5,000 for each child aged 6 months to 19 years (or 23 if a full-time student), and $1,000 for each child aged 15 days to 6 months, as an addition to either parent's coverage.

Evidence of insurability is required for member, spouse, and children.

Accelerated Death Benefit An insured that is terminally ill with a life expectancy of six months or less may elect to receive up to 50 percent of the amount of insurance prior to death, subject to the terms of the policy relating to that provision.

Senior Term Life Insurance
This plan has been designed especially for persons over age 50. Members and spouses may enroll up to age 74. The coverage is renewable to age 95. It is available in $10,000 increments up to $100,000.

Simplified Underwriting Coverage approval is based upon the answers to a few short health questions and MIB authorization.

An insured can never be singled out for a rate increase. Premiums may be increased only if they are increased for all insureds covered under the group policy.

Incontestability The applicant's statements relating to insurability will not be used to contest insurance after the insurance has been in force for two years.

Conversion privilege is available at age 95 or when the group policy terminates.

Accelerated Death Benefit An insured that is terminally ill with a life expectancy of six months or less may elect to receive up to 50 percent of the amount of insurance prior to death, subject to the terms of the policy relating to that provision.

Premium Rates All rates are based on attained age of the insured person (member or spouse) on the effective date and on each renewal date.

Senior Term Life Insurance Annual Premium Rates per $10,000
	Age	Male	Female		Age	Male	Female
	50-54	$93.00	$42.50		75-79**	$293.66	$166.90
	55-59	$126.50	$53.60		80-84**	$468.70	$306.60
	60-64	$174.10	$71.30		85-89**	$847.30	$653.00
	65-69	$247.90	$113.50		90-94**	$1,561.90	$1,413.30
	70-74	$365.10	$186.90
	**The benefit amount will be reduced to the lesser of 50 percent of the original amount of life insurance or $20,000 beginning at age 75.

1-800-252-9653, ext.7116 or 512-454-2681, ext.7126 • Fax: 512-459-1552 • E-mail: deltakappagamma@boonchapman.com • P.O. Box 9201, Austin, Texas 78766-9201