Introducing a new benefit now available to GMAR members
We’re excited to share a valuable new benefit available to our members: insurance protection covering both disability income and life insurance products. These are designed to help you protect what matters most — your income, your family, and your financial future.
We’re excited to announce that we have partnered with Assurity Insurance to provide both disability (Short term and Long Term) as well as Life insurance (Whole and Term) options to our members, available to both 1099 and W2. These products help to bridge income gaps and protect your family’s future when life doesn’t go as planned. With various options to fit different budgets and return of premium options on life insurance if the policy isn’t used.
Disability Income Products available:
Disability income insurance steps in with cash benefits so you can stay financially stable if you are unable to work due to an accident or an injury.
- Short-Term Disability (Income Protection):
Provides weekly cash benefits for short gaps in income (e.g., recovery from an injury or short illness). Options include coverage for accidents and sickness, with flexible waiting and benefit periods — no medical exams in some cases. - Long-Term Disability (Income Protection+):
Offers more extensive income protection, with benefits available for longer disabling conditions. Flexible coverage options and definitions help match your needs.
Life insurance gives financial security to those you care about if something happens to you. It can help your family cover everyday costs and long-term needs.
Check out this short video here
Life Insurance Products available:
- Term Life Insurance:
Simple and affordable coverage for a set period (10–30 years), helping protect family expenses like mortgage, tuition, or childcare during key years.
Check out a short video about Term Life Insurance
- Whole Life Insurance:
Permanent coverage with a guaranteed death benefit that doesn’t expire. These policies can also build cash value over time that you can access while living
Check out a short video about Whole Life Insurance
Return of Premium – a Smart Life Insurance Feature!
In addition to the affordable life insurance plans available from our partnership with Assurity, they also offer an optional Return of Premium (ROP) benefit on many of their policies – which is a great benefit for members!
An optional Return of Premium* benefit is available for 20 or 30 year term policies. If you outlive your term period, the premiums you paid for the base life insurance and the optional Return of Premium benefit are returned to you. You get the protection of life insurance while you need it, and the money to use later in life if you don’t use the policy.
This is a great feature if you are looking for protection for your family. That lump sum can be used for anything – mortgage payoff, retirement savings, or vacation!
* Optional Return of Premium benefit provided under the Endowment Benefit Rider (ROP Rider in some states). Only available on 20- and 30-year term policies. Riders may contain additional conditions, limitations and exclusion