Protecting Educators and Their Loved Ones
From teaching styles to life circumstances, every educator is unique. That’s why we’ve worked with trusted providers to develop life insurance options to help meet a diverse range of needs. And while we know you put in a great deal of effort to ensure your students are prepared for the future, we want to ensure you’re prepared for the future, too.
NEA Life Insurance, issued by The Prudential Insurance Company of America, offers members flexible and affordable life insurance options carefully tailored to the unique needs of educators. Whether you’re starting your career, raising a family or planning for retirement, there’s a coverage option designed to meet you where you are.
Which Life Insurance Plan Is Right for You?
Educators experience different financial and personal milestones throughout their careers. Below are four common scenarios that illustrate how NEA Life Insurance can provide support at different life stages.
A Young Family Planning for the Future
Name: Max
Age: 28
Max, 28, is a high school gym teacher. He and his wife are about to have a baby and want to add some financial protection to better prepare for their new addition. With a limited budget, they need a plan that provides coverage without high costs. Max decides to enroll in NEA® Accidental Death and Dismemberment Coverage, which can help cover living expenses, medical bills and outstanding debt if a major accident were to cause death or serious injury, at an affordable monthly rate. Since this policy includes guaranteed acceptance with no required medical exams, Max can secure coverage quickly and easily. This coverage is helpful during his wife’s high-risk pregnancy and allows both of them to breathe a sigh of relief during this exciting time for their family.
A New Homeowner Looking for Affordable Protection
Name: Alice
Age: 34
Alice, 34, is a 5th grade educator. She’s single and has just bought her first home. While this is an exciting time for her, she worries about what would happen to her family if something were to happen to her. Would her parents and siblings be stuck with her mortgage and other debt? She can’t afford a lot of life insurance right now but wants to establish coverage to better protect her loved ones, and she hopes to build up her coverage as her career progresses. She enrolls in NEA® Group Term Life Insurance because of its flexibility and affordable rates. Created with educators in mind, this option is cost-effective at this point in Alice’s career but will also allow her to adjust her coverage amounts alongside any changes to her budget or family situation.
A Single Parent Planning for College and Retirement
Name: Marcia
Age: 43
Marcia, 43, is a guidance counselor and single parent. She’s about to send her son off to college and start preparing for eventual retirement. As the sole financial provider for her family, she wants to ensure that her son’s financial future is secure. She also needs a policy with predictable costs so she can balance her expenses while saving for retirement. After careful consideration, she opts to enroll in NEA® Level Premium Group Term Life Insurance. The plan’s guaranteed, consistent premiums allow her to plan her budget through her son’s college years and into retirement. With this added financial protection, Marcia can confidently build her retirement savings over time.
Nearing Retirement and Looking for Lasting Coverage
Name: Lisa
Age: 63
Lisa, 63, is the vice principal of an elementary school. With retirement nearing and a nearly paid-off mortgage, she is looking forward to a future where she and her husband can spend more time with their adult children and grandchildren. While she is in good health, her family has a history of medical conditions that concern her about her ability to qualify for life insurance in the future. She wants a plan that ensures her family will be supported financially, regardless of her medical future. NEA® Guaranteed Issue Life Insurance turns out to be a perfect fit. With no required medical exams and accessible options that can carry into retirement, Lisa gains added peace of mind with the knowledge that her family’s future will be supported, no matter what happens.
Find the Right Life Insurance Coverage for You
No matter your situation, the NEA Members Insurance Trust has a life insurance option to help meet your needs. Diverse as the educators it serves, our host of plans and coverages can provide financial protection — and added peace of mind — to help meet you where you are, no matter your budget or concerns. The buying power of over 3 million NEA members allows us to offer cost-effective options you likely won’t see anywhere else, ensuring there is an accessible plan for every member.
Help protect your loved ones and secure your future by exploring NEA Life Insurance options today.
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.
This coverage is not health insurance coverage (often referred to as “Major Medical Coverage”).
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.
THIS IS AN EXCEPTED BENEFITS POLICY. IT PROVIDES COVERAGE ONLY FOR THE LIMITED BENEFITS OR SERVICES SPECIFIED IN THE POLICY.
Not for residents of New Mexico.
Not for use in New Mexico.
The products issued by The Prudential Insurance Company of America may not be available in all states.
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