EWA GROUP TERM LIFE $7k - MEMBER BENEFIT



Member Eligibility Definition Optional Term Life All active members in good standing and who are under age 65
Effective Date of Coverage First day of the month following enrollment
Guarantee Issue Amounts Optional Life: Up to $7,000 Member Only
Waiver of Premium (Life Plan) Does not apply
Accelerated Benefit Option (Life) 90% up to $100 Optional Life, Life expectancy 6 Months. Applies to Active Members Only
Life Exclusions 2-year suicide exclusion applies
Exposure and Disappearance Benefit** % Of Principal sum consistent with type of loss
Underwritten by
Termination of Coverage

Coverage terminates:
When membership ends
Member at age 80

Portability Does not apply
Life Conversion Optional Term Life: Applies (member and dependent)
Effective Date of Benefit reductions, Termination, Changes in Age Band rates due to Member or Dependent Aging

Member Only
Age 65 – 65% of current coverage amount
Age 70 – 50% of coverage amount in force at age 64
Age 75 – 25% of coverage amount in force at age 64
Coverage terminates at age 80