Important Information: Please Read
In response to the COVID-19 pandemic, New York Life has temporarily extended premium payment periods to ensure that impacted members continue to remain insured even if they are having difficulty making premium payments at this time.
If you have been impacted by COVID-19 or the Stay At Home orders and are having difficulty making premium payments, please contact us to see how we can help. While we cannot waive the premium due, we can work with you on a payment schedule to bring your premiums current over time.
For more information, please call us at 1-800-727-7770. We’re here Monday through Friday, 8:30 AM to 4:30 PM.
You’ve worked hard to provide for your loved ones. Life insurance provides you with the opportunity to ensure your loved ones are taken care of financially in the event that something should happen to you. The 10-Year Level Term Life Insurance Plan offered through NJSBA may offer peace of mind with the knowledge that:
- Coverage can be purchased in increments of $50,000, up to $2 million for members under age 65 along with their spouse/domestic partner.
- Volume discounts are available for plans of $250,000 or higher.
- Accelerated Death Benefit allows for the insured to receive a one-time advance payment of 50% of inforce coverage if the insured person is diagnosed as terminally ill.*
- 30-Day Free Look** period to review the terms of your certificate and return it, without claim, for a full refund of your premium contribution.
Download the application and brochure for more details.
We’ve also created this tool – Understand the Application Process – to help walk you through the steps of applying, including information you’ll need on hand, a step by step walk-through of what to expect, and important contact information.
Have additional questions regarding the coverage? Call toll-free (800) 727-7770 option 5, Monday through Friday, 8:30 a.m. to 4:30 p.m. EST to speak to one of our knowledgeable representatives without any pressure to purchase and for more information including, features, costs, eligibility, renewability, exclusions and limitations.
Ready to apply? You can print, complete and return the application in the mail or fax it to (800) 691-7171. If you prefer, you can also email your completed application to L&Hserviceteam@usi.com.