Simplified Issue Group 10-Year Level Term Life Insurance

Simplified Issue Group 10-Year Level Term Life Insurance  


As an MSBA Member, you may qualify for the Simplified Issue Group 10-Year Level Term Life Insurance Plan offered by ReliaStar Life Insurance Company and endorsed by MSBA. MSBA has released this simplified enrollment process as one of its premier member benefits.

As an MSBA Member, you and your spouse/domestic partner can now take advantage of a simplified issue application process for up to $150,000.00 in lump sum benefits under the MSBA Simplified Issue Group 10-Year Level Term Life Insurance Plan. This means you will not have to submit to a full medical exam or provide blood work to be approved for coverage. Plus, your affordable group rates are not available to the general public.

Apply now and enjoy premiums that are designed to remain level for 10 years.*

How to Apply

To apply for coverage, download an application by clicking on the link at the top of this page, or, to speak to a customer service representative, call our toll-free number: 1-800-501-5776.


These form(s) are in Adobe Acrobat Reader (PDF) format and are available for downloading and printing.

Tell Me More

Three Reasons to Choose the MSBA Simplified Issue Group 10-Year Level Term Life Insurance

  • Your rates and benefit amount are designed to stay the same for 10 years.*
  • You'll pay economical group rates. You have the buying power of nearly 10,000 MSBA Members to help keep the premiums economical.
  • Your satisfaction is 100% guaranteed. You have 30 days to review your certificate. If you're not happy with the plan, simply write "cancel" on your certificate and mail it back to us within 30 days, provided no claims have been submitted or paid. There's no obligation.

Monthly Rates For The Simplified Issue 10-Year Level Term Life Plan


Rates shown are monthly as of January 1, 2024.

Coverage will not be reduced during your level term period. The level term rate period begins on the effective date assigned by ReliaStar Life. Plan benefits are offered for amounts $50,000.00 to $150,000.00. If you are under age 50, you may select up to $150,000.00 of benefits (in $5,000.00 increments). You can apply for up to $100,000.00 in coverage if you are under age 55. You can apply for up to $50,000.00 in coverage if between ages 55-59. To obtain a rate quote for other ages, benefit amounts, or additional information on the plan, call toll-free 1-800-501-5776.

Accelerated Life Benefit

The Accelerated Life Benefit option is available to help terminally ill insureds during a difficult, and often financially challenging, time. Under this provision, you may request one advance payment equal to 50% of your (or your insured dependent’s) in force life insurance, or $150,000, whichever is less, to be paid while you are still alive. You must have at least $20,000 in Life Insurance coverage in force to qualify for this benefit. The amount of insurance payable after your death will be reduced by this payment. Premium contributions will not be reduced.


This money can be used to help cover high prescription drug costs, medical bills, outstanding debts, to help pay for experimental treatments the cost of modifications to your home or for a family vacation - the choice is yours.


To qualify, you must provide ReliaStar Life with a doctor’s statement which gives the diagnosis of your medical condition and states you have a life expectancy of no more than six months. For additional details and limitations, please see the Certificate of Insurance.


Please note that receipt of the accelerated benefit may be taxable, or may adversely affect your eligibility for Medicaid or other government benefits. You should consult your personal tax advisor to assess the impact of this benefit.

Qualifications for this MSBA Level Term Life Plan offer are few:

  • You must be a member of MSBA and between the age of 19-60 years of age.
  • You cannot already be insured by this plan.

For members, beginning on and after the 70th birthday, ReliaStar Life decreases the amount of your insurance. ReliaStar Life pays a percentage of the amount otherwise payable:

  • From your 70th birthday to age 75, ReliaStar Life pays the lesser of 50% or $50,000.00.

For spouses/domestic partner, insurance terminates on the Group Policy anniversary date on or after your 70th birthday.

A decrease in the amount of insurance due to age will take effect on the later of your attainment of any of the specified birthdays, or at the end of a level term rate period. Your amount of insurance will not decrease due to age during a level term rate period.

All members and spouses/domestic partner must complete an application form for any new coverage or to increase coverage (including dependent coverage) or to begin an initial or subsequent 10-year Level Term Rate Period when proof of good health is required.

If there is an increase in the amount of your insurance, the increase will take effect on the first day of the month on or next following the date of the increase. If you are in a Level Term Rate Period, premiums for the increased amount of insurance will be based on your attained age on the effective date of the increase.

Your MSBA Simplified Issue Group 10-Year Level Term Life Plan will start on the first day of the month after your application has been approved by ReliaStar Life and your first premium has been paid. 


Consider Your Eligibility

Before you apply for coverage, you must be a member in good standing of MSBA. You must be a member for 30 days before initiating your insurance requests. If you have any questions about membership, see the MSBA home page.

Contact Us

Program Administrator

AMBA Administrators, Inc.
PO BOX 14533
 M-F 7:30a-5p CT
[email protected]


Insurance Company:

ReliaStar Life Insurance Company
Minneapolis, MN


  • Can my spouse/domestic partner obtain separate coverage?

    Yes, a spouse/domestic partner can obtain separate coverage.
  • Do I have to take a medical exam, blood test, etc.?

    No! Fill out the Simplified Application Form to apply for up to $150,000.00 in coverage without submitting to a full medical exam or providing blood work.
  • How can I apply?

    To apply for coverage, download an application by clicking on the link at the top of this page, or to speak to a customer service representative, call our toll-free number: 1-800-501-5776.
  • How can I learn more about this plan?

    To learn more about the Simplified Issue Level Group Term Life Insurance, contact the Plan Administrator, AMBA Administrators, Inc. toll-free at 1-800-501-5776, or download an application and brochure by clicking on the link at the top of this page.
  • How long does the application process take? When will my coverage become effective?

    The application process depends on many factors: the number of persons to be insured, their ages, the amount of coverage for which you apply, your medical history and that of your family members (if applying for dependent coverage), and the type of coverage requested.
  • Who is AMBA Administrators, Inc., the Administrator of the Program?

    AMBA Administrators, Inc. is the company contracted to manage the Group Insurance Program. AMBA is not affiliated with the insurance companies that underwrite each plan.
  • Who are the current insurance carriers and what are their ratings?

    This varies according to each plan. The Group Insurance Administrator seeks the best opportunities for our members, so the plans are underwritten by different insurance companies. All of the companies enjoy solid ratings by A.M. Best Company, which annually measures the financial strength of insurance companies.

    AMBA makes no representations or warranties, expressed or implied, concerning the financial condition or solvency of any insurers. A.M. Best’s Ratings are under continuous review and subject to change and/or affirmation. For the latest Best’s Ratings and Best’s Company Reports (which include Best’s Ratings), visit the A.M. Best website at See Guide to Best’s Ratings for explanation of use and charges. Best’s Ratings reproduced herein appear under license from A.M. Best and do not constitute, either expressly or impliedly, an endorsement of AMBA or its recommendations, formulas, criteria or comparisons to any other ratings, rating scales or rating organizations which are published or referenced herein. A.M. Best is not responsible for transcription errors made in presenting Best’s Ratings. Best’s Ratings are proprietary and may not be reproduced or distributed without the express written permission of A.M. Best Company.
*The initial premium will not change for the first 10 years unless the insurance company exercises its right to change premium rates for all insureds covered under the group policy with 60 days advance written notice.

This is a summary of benefits only. A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of coverage. All coverage is subject to the terms of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern.

Life insurance coverage is provided under the terms of a group life insurance policy, Group Policy number 29063-7, issued and delivered in the state of Minnesota, and governed by its laws, to the Minnesota State Bar Association as the policyholder. The group life insurance policy is issued by ReliaStar Life Insurance Company, Minneapolis, Minnesota. The group life insurance policy is administered on behalf of ReliaStar Life Insurance Company by AMBA Administrators, Inc., an insurance administrator licensed in the state of Minnesota. Policy Form LP08GP.

This is a paid endorsement. MSBA receives a fee from the insurance broker and/or the insurer for its endorsement of this plan.