On the next page you'll be asked to provide the amount you wish to pay as well as select the Plan to which your payment should apply. If you wish to pay premiums for multiple plans, you'll need to repeat the process for each plan.
Term life insurance is an affordable way for dentists to provide financial stability for their loved ones. Learn how our flexible term life insurance plan can help protect your financial legacy in every season. Request a free consultation
Term life insurance is an affordable option for providing financial stability for loved ones in case of your death. The ADA Term Life Insurance Plan offers high-quality coverage specifically designed for dentists, available at exclusive members-only rates. Premiums are cost-competitive and increase annually with age.
ADA members, their spouses and eligible dependents can enjoy exclusive cost-competitive rates that are among the lowest available in the market today.
Term life insurance is a cost-effective way to provide for your loved ones and help your financial legacy remain secure in the event of your unexpected passing. Additionally, term life insurance gives you options and can be used for things like collateralizing loans or funding buy-sell agreements.
Since many dentists are the primary earners in their families, protecting your loved ones is crucial. It’s recommended to have term life coverage equal to at least 15 times your annual income.*
The Premium Credit Reduction1 is applicable to all participants, regardless of age, gender or coverage amount.
Volume Discount when you purchase $1,000,000 or more.2
Coverage for yourself and the whole family with the benefit of ADA member-only rates.
Neonatal coverage of $15,000 for infant children from birth through 14 days.
The ADA Term Life Insurance Plan can be used to collateralize loans, fund buy-sell agreements and provide income to your family/beneficiaries in case of your death.
Coverage ranges from $50,000 to $3,000,000 PLUS up to $1,000,000 of additional Accidental Death coverage. Can be adjusted as your needs change, based on underwriting approval, any time before age 67.
You can exchange some or all of your term life coverage to ADA Term Plus® Universal Life Insurance, which builds cash value, before age 65.
Once approved, your ADA term life coverage can be renewed until age 81 with timely payment of premiums and continuous ADA membership.
Provides for advance payment of up to $200,000 of your death benefit if you are diagnosed with a terminal illness.3
1Premium credit reduction shares favorable financial results with Plan participants; reduction is not guaranteed but reevaluated periodically.
2A volume discount of 2% or 4% will apply when member life insurance is $1,000,000 or greater.
3Any accelerated benefit received will reduce the Proceeds payable upon your death and may be treated as taxable income and may affect eligibility for Medicaid or other government benefits or entitlements.
As an ADA member, your spouse is eligible for as much as 100% of your coverage amount at the same member rate, up to $1,000,000.
For a low additional premium, you can increase the value of your coverage by doubling the death benefit, up to a maximum of $1,000,000.4 When you select this option, coverage automatically applies to any any spouse and dependent child coverage.
If you become totally disabled from all occupations before age 60, your coverage can continue without premium payment.
4 Benefit is paid if death is accidental as defined by the plan.
Forbes Advisor suggests primary earners carry 15 times their annual income in life insurance coverage for financial security.* Find out how much coverage you may need based on your income.
ADA Members Insurance Plans, underwritten by Protective®, offers a range of insurance coverage and benefits to meet the diverse needs of thousands of ADA members throughout their dental career.
Get personal, expert guidance to help calculate the amount of term life insurance you need based on your unique circumstances, complete your application and answer your insurance questions.
Request your free consultation by submitting the form below or call 855-411-5191 to get answers fast!
Ready to get started? Complete our convenient online application and start protecting your loved ones today.
More helpful information. Make the right decisions at the right time for you.
Learn when you can qualify for as much coverage as you need, and at the best possible rates.
This side-by-side comparison can help you determine which is the best fit for your needs.
Explore key life events that trigger a review of insurance plans and how to help protect a dentist’s career and financial future.
*forbes.com/advisor/life-insurance/ladder/
3As of February 2024: An insurance rating is an opinion of AM BEST rating agency of the insurance company's financial capacity to meet the obligations of its insurance policies in accordance with their terms. Each of the independent rating organizations that rates Protective has assigned its rating based on a variety of factors, including the company's operating performance, asset quality, financial flexibility and capitalization. A rating is not a recommendation to purchase, sell or hold insurance contracts. Ratings are subject to change at any time. The insurer may have paid a fee to the rating agency.