Insurance
Your North Carolina National Guard Association Offers The Following Life Insurance Options:
A Group Term Policy For Active Guard Members:
Coverage of $10,000 for as little as $3.66 per month, up to $50,000 for $17.00 per month.
Premiums are deducted from National Guard pay
Claim Paid within 24-48 hours
No War or Aviation Exclusions
Coverage is also available for your spouse and dependent children
Coverage may be continued following separation from Guard
Premiums are level term until age 65
Automatic conversion to a whole life policy without proving insurability
NCNGA-Insurance-Application
American Equity Beneficiary Form
A Whole Life Policy for Active or Separated Guard Members and/or their families:
Coverage of $2,500 – $100,000 is available (rates based on age)
No War or Aviation Exclusions
May be purchased between the ages of 18 – 65
Premiums and coverage are level for the duration of the policy
Accrues a cash value over time
May be drafted monthly from a bank account
Matures at age 100
Both of these policies are underwritten by American Equity Investment Life Insurance Company.
If you are currently insured through the NCNGA:
Do you need to change your beneficiary (or find out whom you have listed)?
Have you moved recently?
Are you newly married?
Do you have a new child?
Are you recently divorced?
Are you separating from the NC National Guard in the near future?
If you answered yes to any of these questions, please contact the NCNGA at 800-821-6159 (if in NC) or 919-851-3390 to update your policy. Your insurance staff, Teri Foster (ext 1) or Rhonda Arndt (ext 0), will be glad to assist you.
If you are not an insured member of the NCNGA, please consider applying today — Buying life insurance is an easy way to protect your family after you are gone, and provides funds for burial expenses. If you’re single, remember there are still going to be immediate expenses that someone will have to pay for your burial.
We are here for you and your family — please contact us if you have any questions about the NC National Guard Association life insurance programs.