What is Level Term Life?
AMA-sponsored Group Level Term Life Insurance provides physicians with solid, level protection—all for a cost that can comfortably fit your budget. Combined with its exclusive rates for physicians and high benefit amounts, this coverage is a great way to help protect your loved ones if something should happen to you. Up to $4 million in solid insurance protection offered in 10, 15 and 20 year terms.
“Level” means that your rate will remain the same, or level, for the term period selected. AMA members receive an 8% discount.
Budget friendly, may be ideal for families
You can apply for coverage for your spouse or domestic partner at the same budget friendly physician rates. Spouses or domestic partners can apply for Level Term Life coverage even if you choose not to apply.
You can purchase $25,000 in coverage for each eligible child for a flat rate of $60 a year. The Level Term Life plan includes a renewability option should you wish to continue your family’s protection beyond the original term period.
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Related Info & Products
Related Info & Products
Selecting the right insurance products can be confusing. Browse lists of products for physicians at different points in your medical career, or talk to an Insurance Specialist for more specific guidance and assistance.
Why AMA Insurance?
Our insurance reflects the unique needs of physicians. As a subsidiary of the American Medical Association (AMA), we tap into the power of over one million physicians to offer you specially negotiated benefits from top insurance companies.
Underwritten By:
New York Life Insurance Company
51 Madison Avenue, New York, NY 10010
On Policy Form GMR-FACE/G-30639-0
Under Group Policy No. G-30639-0
NEW YORK LIFE and NEW YORK LIFE Box Logo are trademarks of New York Life Insurance Company. Othertrademarks are the property of their respective owners.
Rates current as of 2022.
The AMA-sponsored Level Term Life Plans are underwritten by New York Life Insurance Company, 51 Madison Ave., New York, NY 10010, under Group Policy No. G-30612-0 (10 Year), G-30614-0 (15 Year), G-30615-0 (20 Year) on Policy Forms GMR-FACE/G-30612-0 (10 Year), G-30614-0 (15 Year), G-30615-0 (20 Year). Plans may not be available in all states and product features may vary by state.
* Quotes are for illustrative purposes only. The rate shown is the Preferred Plus Risk Class rate for qualified non-tobacco users in good health and who meet additional underwriting guidelines.
Premium credits are reviewed and may change annually. The premium credit is locked in when coverage is issued and is guaranteed for at least the first year of coverage.
SMRU #1766472