Term protection
Long Term Life
For customers under 70 who want longer-term protection connected to their River Valley AgCredit loan.
- Maximum plan: $500,000
- Beneficiary: River Valley AgCredit
Life Insurance
Life insurance plans
Added support
Long Term Life & Disability
Life coverage with a disability benefit for eligible customers who want extra protection if illness or injury interrupts their ability to work.
- Maximum plan: $500,000
- Disability benefit: 10% annually, up to $10,000
- Maximum disability benefit period: 3 years
- Disability eligibility: under age 61
Flexible amount
Short Term Life
Shorter-term coverage with plan maximums based on age. The beneficiary is River Valley AgCredit.
- Under 56: $300,000 maximum
- 56-65: $100,000 maximum
- 66-70: $20,000 maximum
- 71-75: $15,000 maximum
- 76 and older: $10,000 maximum
Member choice
Single Premium
For customers under age 70 who want one-time premium coverage with their chosen beneficiary.
- Maximum plan: $100,000
- Beneficiary: whoever the member chooses
Disability benefits are payable to the Association and accrue after the 90th day of disability. Premiums are waived while the insured receives disability benefits. For joint insurance coverage, the disability benefit applies only to the member designated as primary on the application.
Policy term age ranges
Amounts under $250,000
| Policy Term | Ages |
|---|---|
| 5 year | 18-55 |
| 10 year | 18-55 |
| 15 year | 18-55 |
| 20 year | 18-55 |
| 30 year | 18-45 |
Amounts over $250,000
| Policy Term | Ages |
|---|---|
| 5 year | 18-80 |
| 10 year | 18-80 |
| 15 year | 18-70 |
| 20 year | 18-65 |
| 30 year | 18-50 |