As an MNCPA Member, you may qualify for the Simplified Issue Level 10–Year Group Term Life Insurance offered by ReliaStar Life Insurance Company and endorsed by MNCPA.

As an MNCPA Member, you and your spouse/domestic partner can now take advantage of a simplified application procedure for up to $150,000.00 in lump sum benefits under the MNCPA Simplified Issue 10–Year Group Term Life Insurance Plan. This means you will not have to submit to a full medical exam or provide blood work to be approved by the insurer. Plus, your affordable group rates are not available to the general public.

Apply now and enjoy premiums that are designed to remain level for 10 years.*

How to Apply

To apply for coverage, download an application by clicking on the link at the top of this page, or, to speak to a customer service representative, call our toll-free number: 1-800-732-8350.

Three Reasons to Choose MNCPA Level Term Life Insurance

• Your rates and benefit amount are designed to stay the same for 10 years.*
• You'll pay economical group rates. You have the buying power of your association to help keep the premiums economical.
• Your satisfaction is 100% guaranteed. You have 30 days to review your certificate. If you're not happy with the plan, simply write "cancel" on your certificate and mail it back to us within 30 days, provided no claims have been submitted or paid. There's no obligation.

Monthly Rates For The Simplified Issue 10-Year Level Term Life Plan

Rates shown are as of January 1, 2024.

Coverage will not be reduced during your level term period. The level term rate period begins on the effective date assigned by ReliaStar Life. Plan benefits are offered for amounts $50,000.00 to $150,000.00. If you are under age 50, you may apply for up to $150,000.00 of benefits (in $5,000.00 increments). You can apply for up to $100,000.00 in coverage if you are under age 55. You can apply for up to $50,000.00 in coverage if between ages 55-59. To obtain a rate quote for other ages, benefit amounts, or additional information on the plan, call toll-free 1-800-732-8350.

Qualifications for this MNCPA Simplified Issue Level Term Life Plan offer are few:

• You must be a MNCPA member 19-60 years of age.
• You cannot already be insured by this plan.

For members and spouses/domestic partners, beginning on and after their 65th birthday, ReliaStar Life decreases the amount of your insurance. ReliaStar Life pays a percentage of the amount otherwise payable:

• On your 65th birthday, ReliaStar Life pays the lesser of 25% or $37,500.

For spouses/domestic partners, insurance terminates on the Group Policy anniversary date on or after their 70th birthday.

A decrease in the amount of insurance due to age will take effect on the later of your attainment of any of the specified birthdays, or at the end of a level term rate period. Your amount of insurance will not decrease due to age during a level term rate period.

All covered insureds must complete an application form for any new coverage or to increase coverage (including dependent coverage) or to begin an initial or subsequent 10-year Level Term Rate Period when proof of good health is required.

If there is an increase in the amount of your insurance, the increase will take effect on the first day of the month on or next following the date of the increase. If you are in a Level Term Rate Period, premiums for the increased amount of insurance will be based on your attained age on the effective date of the increase.

Your Level Term Life Plan will start on the first day of the month after your application has been approved by ReliaStar Life and your first premium has been paid. 

Answers about the program, including eligibility, options, customer service and more.

*The initial premium will not change for the first 10 or 20 years unless the insurance company exercises its right to change premium rates for all insureds covered under the group policy with 60 days advance written notice.

This is a summary of benefits only. A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of coverage. All coverage is subject to the terms of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern.

Coverage is provided under the terms of a group life insurance policy, Group Policy number 64269-0, issued and delivered in the state of Minnesota to the Minnesota Society of Certified Public Accountants as the policyholder. The group life insurance policy is issued by ReliaStar Life Insurance Company, Minneapolis, Minnesota. The group life insurance policy is powered on behalf of ReliaStar Life Insurance Company by Association Member Benefits Advisors, an insurance manager licensed in the state of Minnesota. Policy Form LP08GP.

This is a paid endorsement. MNCPA receives a fee from the insurance broker and/or the insurer for its endorsement of this plan.