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Safeguarding Your Success: Life Insurance for Members

Jamie Chapman
Mar 21, 2024

As esteemed members of Phi Kappa Phi, you have embarked on remarkable journeys of academic and professional achievement. From the excitement of college days to the fulfillment of lifelong careers, you've invested your time and talents in shaping your futures. Yet, amidst your successes, it's crucial to consider the importance of protecting what you've built—both for yourself and your loved ones.

In partnership with the Society, AMBA offers a comprehensive solution—Group 10-Year Level Term Life Insurance. This policy, tailored to meet the diverse needs of our members, provides an avenue for safeguarding your achievements and ensuring financial security for your families.

Statistics reveal that a staggering 40% of Americans face significant financial hardships within six months of losing their primary wage earner (LIMRA 2023). By investing in a life insurance policy with coverage of up to $1 million, you can shield your loved ones from the uncertainties of financial hardship, offering them a sense of stability and support during difficult times. It's important to note that this benefit is typically tax-free, offering further financial relief (consult your tax advisor for details).

Why act now? Whether you're embarking on a new phase in life, such as marriage, homeownership, parenthood, or retirement, life insurance remains a crucial pillar of financial planning. It provides a safety net through life's various stages, ensuring guaranteed protection for you and your loved ones. Moreover, coverage extends to your spouse or domestic partner, offering comprehensive family protection.

Is this coverage right for me? Consider the long-term implications. Life insurance can alleviate the financial burden of final expenses, estate taxes, debts, and other obligations. Moreover, it can serve as a means to support the educational aspirations of future generations, leaving behind a legacy of empowerment and opportunity.

Navigating the complexities of coverage is made simple. Offering a benefit of up to $1 million with guaranteed rates for 10 years, you can rest assured that your coverage remains stable, regardless of life's twists and turns. Plus, with the Living Benefit provision, you gain access to essential funds in the event of terminal illness, ensuring peace of mind for you and your loved ones.

Activation of coverage is swift and hassle-free, commencing on the first day of the following month upon acceptance. And with premiums remaining unaffected by changes in health status once insured, you can focus on what truly matters—building a secure future for yourself and your family.

Embracing this life insurance program underscores the privileges of Phi Kappa Phi membership. Don't delay this critical decision. Take action now by completing the easy online application or contacting AMBA directly at (888) 560-ALUM (2586). Be sure to mention your membership in The Honor Society of Phi Kappa Phi.

Together, let's secure our success and pave the way for a brighter tomorrow—for ourselves, our families, and future generations.

To learn more about all the insurance offerings available through the Society’s partnership with AMBA, visit PKP.AlumniPlans.com.