Contact Us
 Search
Plans > Plans for Me + My Family > Life Insurance > Spouse Level Premium Term

What is Spouse Level Premium Term?

Spouse LPT Life Insurance, issued by The Prudential Insurance Company of America (Prudential), is a Life Insurance Plan where premiums remain the same for the duration of the term.*

Standard term life policies often have rates that increase as you age, but Spouse LPT Plans don’t have that. Our rates stay the same throughout the 10- or 20-year term that you select, helping you to have a steady financial plan in place. And coverage is yours to keep as long as you remain a member. 

Professional female CPA looks out office hi-rise window Professional female CPA looks out office hi-rise window

Why do CPAs need it?

Your spouse or partner2 can choose a term, or length of coverage, depending on where your family is in life. For example, if you have elementary school-age children, a 20-year term could last until college graduation. Similarly, a 10-year term could help if you’re close to paying off your mortgage or looking for coverage until your spouse reaches retirement. 


A lot can happen in 10 or 20 years. Why not have financial insurance protection against the unexpected?

of members surveyed recommend the AICPA CPA Life Plan
44% of Americans say their household would face financial hardship within
six months
should a wage earner die unexpectedly.1

Spouse LPT Features

Up to $2.5 million in coverage
Up to $2.5 million in coverage**

Coverage amounts are available at competitive, group-negotiated rates.

Up to $2.5 million in coverage Up to $2.5 million in coverage
Term Period of Your Choice
Term Period of Your Choice

Select a 10- or 20-year level term depending on your needs (Age 56-65 are only eligible for a 10-year term).

Term Period of Your Choice Term Period of Your Choice
Rates that stay the same
Rates that stay the same

Rates stay the same throughout the term that you select, allowing you to have protection for a set period of time.

Get a Quote

Rates that stay the same Rates that stay the same

Coverage Options

Accidental Death and Dismemberment (AD&D) Coverage
Accidental Death and Dismemberment (AD&D) Coverage

Doubles your Life Insurance benefit amount if you die by accident; suffer the loss of both hands, both feet, sight in both eyes; suffer the loss of one hand and one foot, one hand and sight in one eye, or one foot and sight in one eye. You can receive a portion that does not exceed 75% of your Life Insurance amount or $1 million, whichever is less.

Accidental Death and Dismemberment (AD&D) Coverage Accidental Death and Dismemberment (AD&D) Coverage
Accelerated Death Benefit
Accelerated Death Benefit

No-cost option that allows participants who become terminally ill while covered to get a portion of their Life Insurance benefit in one lump sum. Your death benefit will be reduced by the amount you receive. Your coverage is extended at no cost after a nine-month waiting period from the date that you became disabled or when proof of disability is provided - whichever is later - and subsequent years with periodic proof of your continued total disability.

Accelerated Death Benefit Accelerated Death Benefit

What it costs?

With Spouse LPT, rates won’t change because of age or health status during the term. You may be eligible to receive lower rates based on your spouse’s health.  

Rates are affordable. For example, a 41-year old female with a 10-year term can get $500k in coverage for $21/month for a Preferred rate.2

Annual Cash Refunds may help lower your cost of insurance.***

Get a Quote

Professional young male CPA working from home office Professional young male CPA working from home office

Why CPAs choose Spouse Level Premium Term?

  • Endorsed by the AICPA, with coverage you can rely on. 

  • Annual Cash Refunds that may help to further lower your cost of insurance.

  • 10- and 20-year term options to meet your stage in life.

  • Coverage you can keep as long as you remain a member, even if you change jobs or retire.

  • Spouse LPT can be stacked to supplement Spouse Life coverage.

  • Easy claims process to help your loved ones when they need it most.

Who is eligible for Spouse Level Premium Term?

AICPA members with a spouse up to age 55 can request a 10- or 20-year level period. Those aged 56–65 can request a 10-year level period. 

You are eligible to apply if you or your spouse live in eligible states and territories.

After your spouse's LPT period ends, you may elect another term period or continue your spouse's current LPT coverage by paying annual premiums that increase each year, up to age 95.

About the Underwriter

The Prudential Insurance Company of America (Prudential) has been an insurance coverage provider to the AICPA and its members since 1947. Prudential is more than an insurance provider to the AICPA and its members.  We partner with the AICPA to understand its members’ needs and endeavor to ensure that its members and their families achieve financial wellness.  AICPA members’ needs are at the heart of everything we do. When the AICPA decided to partner with Prudential, they joined forces with a company that has helped customers weather wars, the Depression, pandemics, and many other challenging events over the past 150 years. Prudential is here to help you solve today’s challenges and support you in whatever lies ahead.

About the Underwriter About the Underwriter
Frequently Asked Questions

Yes. Depending on your spouse's age and your memberships, the total coverage amount under all Plans can be up to:

  • $2.5 million if your spouse is under age 55;
  • $2 million if your spouse is 55 to 64 years old;
  • $1.5 million if your spouse is 65 to 69 years old;
  • and $750 thousand if your spouse is age 70 or older.

If your spouse already has coverage under an existing LPT certificate, they can also apply for additional LPT coverage under a new/additional certificate for a combined coverage of up to $2.5 million.

The amount of Spouse coverage cannot exceed the amount you are eligible for as a member.

After your spouse's LPT period ends, you may elect another term period or continue your spouse's current LPT coverage by paying annual premiums that increase each year, up to age 95. Your spouses' new term period would be under a new certificate. 
 
At the end of the level period you may apply for a new level period that ends at age 75.
 
Ages 55 and under may elect a 10 or 20 year term, and ages 56-65 may elect a 10 year term.

View rates for certificates issued on or after June 1, 2021.

Three different rate classes are offered: Standard, Select, and Preferred. Preferred offers the lowest rates to spouses in excellent health (based on the results of a brief medical exam). And, while we expect that many spouses will be approved for Preferred, your spouse may be offered Select or Standard rates based on their health status. But they'll get the best rate possible based on their insurability. 

You can reduce your spouse’s coverage amount at any time and can apply for more coverage under another LPT certificate. Your spouse’s total amount of LPT coverage, when combined with other AICPA Spouse Life Insurance, cannot exceed the maximum coverage amount your spouse is eligible for.  

You can purchase Spouse LPT coverage even if you don't participate in any AICPA Plans.

Yes, a new application is required if you're requesting additional coverage. This new/additional coverage would be issued under a new certificate.

  1. You can keep your current coverage and also apply for a new certificate (with additional coverage) under the Spouse LPT Plan.
  2. Switch from your current Spouse LPT Plan to the enhanced Spouse LPT Plan by applying for a new certificate. You would be required to complete a capping and replacement form.
  3. You can stack your Spouse LPT coverage with Spouse Life or another LPT Policy.

To apply for additional coverage for your spouse or to see if they qualify for a lower rate under a new certificate, a new application must be completed and they must undergo the medical underwriting process.

†Certificates issued on or after June 1, 2021, may be eligible for a lower rate.

Resources that might help you

CPAs like you purchased:

Disclaimer

IMPORTANT NOTICE - Please visit www.cpai.com/mib.

Please see the Exclusions and Provisions.

*Rates may change on a class-wide basis only.

**The maximum amount of coverage available is based on your age and you must be an AICPA member to apply.

***The AICPA Insurance Trust (Trust) reviews a number of factors in determining the amount, if any, of Annual Cash Refunds, such as premiums, claims, expenses, and other charges. These refunds vary year to year and are not guaranteed. The Trust has paid Annual Cash Refunds every year since each Life Insurance Plan’s inception. However, the Trust may suspend the distribution of Annual Cash Refunds at any time. These refunds could vary based on a number of factors, such as your rate class, payment mode, engagement in certain wellness programs, and the premium you pay. Please note, when premiums are lowered,refunds may decrease as well. However, the Trust may suspend the distribution of Annual Cash Refunds at any time. These refunds could vary based on the premium you pay, and when premiums are lowered, refunds may decrease as well. 

1LIMRA and Life Happens 2022 Insurance Barometer Study

2Gender based rates are not available in Montana; males rates apply.

Accelerated 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.

This site may contain marketing language, on products issued by The Prudential Insurance Company of America, that has not yet been approved in all states.

Not for use in New Mexico.

Not for residents in New Mexico.

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 Department of Financial Services.

IMPORTANT NOTICE - THIS POLICY DOES NOT PROVIDE COVERAGE FOR SICKNESS.

Aon Insurance Services is the brand name for the brokerage and program administration operations of Affinity Insurance Services, Inc., a licensed producer in all states TX 13695); (AR 100106022); in CA & MN, AIS Affinity Insurance Agency, Inc. (CA 0795465); in OK, AIS Affinity Insurance Services Inc.; in CA, Aon Affinity Insurance Services, Inc., (CA), Aon Direct Insurance Administrators and Berkely Insurance Agency and in NY, AIS Affinity Insurance Agency. 

Group Variable Universal Life coverages are issued by The Prudential Insurance Company of America and distributed through Prudential Investment Management Services LLC (“PIMS”). Both are Prudential Financial companies, Newark, NJ.

Group Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ. The Booklet-Certificate contains all details, including any policy exclusions, limitations, and restrictions, which may apply. If there is a discrepancy between this document and the Booklet-Certificate/Group Contract issued by The Prudential Insurance Company of America, the Group Contract will govern. In Washington, the controlling document is the Certificate, not the Contract. Contract Series: 83500

1043303-00005-00

AICPA Member Insurance Programs
1100 Virginia Drive, Suite 250
Fort Washington, PA 19034

Plans

Education + Resources

Legal

Quick Links