CPA Life Insurance Plan
The CPA Life Insurance Plan, with coverage issued by The Prudential Insurance Company of America (Prudential), is often cited as one of the best benefits available to AICPA members because of its Plan features. Click on the links below to find out more about what this Plan offers:
- Up to $2.5 million in coverage at competitive rates
- Optional Accidental Death & Dismemberment coverage and Waiver of Contribution During Disability
- Accelerated Benefit option feature for terminal illnesses
- Portable coverage-coverage stays with you even if you change jobs as long as you maintain your membership(s)
- Coverage through age 80.
- Cash refunds paid by the Trust can lower your actual cost of insurance. Although not guaranteed, cash refunds have been paid every year since 1958.
New Preferred Rates!
You'll be pleased to know that the AICPA Insurance Trust is now offering Preferred Rates to participants ages 50-79 in the CPA Life Plan. Preferred Rates are the lowest rates available to AICPA members!
The CPA Life Plan is issued by The Prudential Insurance Company of America, 751 Broad Street, Newark, NJ 07102. Please refer to the Booklet-Certificate for all plan details, including any exclusions, limitations and restrictions, which may apply. Contract Series 83500.
This policy provides ACCIDENT insurance only. It does NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York State Insurance Department. IMPORTANT NOTICE-THIS POLICY DOES NOT PROVIDE COVERAGE FOR SICKNESS. Accelerated Death Benefit option is a feature that is made available to group life insurance participants. It is not a health, nursing home, or long-term care insurance benefit and is not designed to eliminate the need for those types of insurance coverage. The death benefit is reduced by the amount of the accelerated death benefit paid. There is no administrative fee to accelerate benefits. Receipt of accelerated death benefits may affect eligibility for public assistance and may be taxable. The federal income tax treatment of payments made under this rider depends upon whether the insured is the recipient of the benefits and is considered terminally ill. You may wish to seek professional tax advice before exercising this option.Insurer Issued Codes