Association Insurance

Group Insurance Designed for Associations.

 

 

What is Association Insurance?

Group Accident-Only Insurance designed for Associations to help their members bridge benefit gaps in their major medical insurance policies.

How does Association Insurance Work?

Association Executives can design the plan that is best for their membership.

  • Accidental Medical Expense
  • AD&D
  • Cancer
  • Heart Attack and Stroke
  • Hospital Sickness
  • Group Term

Why Do Associations Need It?

The GTL association insurance options are designed with flexibility in mind. Associations have the freedom to choose the policy benefits and limits to enhance their membership packages. Our benefits are designed to offer valuable cash benefits when members need them most.

View More FAQs

Benefits range from $500 to $250,000 and can help cover:

Lost Wages

Living Expenses

Loss of Life

Deductibles

Prescriptions

Travel Accommodations for Treatment

Alternative Medicine

And More

3 Things to Know…

  • Benefits can be packaged specific to the association needs.
  • Benefits can be designed to bridge the gaps in the member’s other coverage.

  • Benefits are paid directly to insured members.

For questions or a quote request, please fill out the form below!

By submitting this information, you agree that GTL and its agents may contact you. Your contact information will be kept confidential.

1 + 12 =

Frequently Asked Questions about Association Insurance

Call Jeff Burman at 847-460-4757 or send him an email at jburm@gtlic.com.

It varies on the complexity of the product plans and how fast all parts of the team members work. The average time is 60 days.

Yes, benefits can be packaged to meet the needs of your Association.

GTL is admitted in 49 states plus Washington DC. (GTL is not in NY.). The Association products each have a unique state list which varies by benefits. Some states are Association filing states or Single Case filing states. A custom state list is built for each group and the groups set of benefits.

GTL’s benefits are generally not sold separately.  For group business, the GTL benefits are simply one of the many benefits the members receive. Upsell programs are available to enhance the base membership.

The Association or the TPA will bill and collect from the member.

In most cases there needs to be a Third-party Administrator (TPA), as part of the program. Some exceptions do exist, and this will be determined as part of the quoting process.

The answer to this question depends on how the business will be sold. This too will be determined as part of the quoting process.

GTL is admitted in 49 states plus Washington DC.  (GTL is not in NY.).  The Association products each have a unique state list which varies by benefits.  Some states are Association filing states or Single Case filing states.  A custom state list is built for each group and the groups set of benefits.

Yes, in some states, there is a list of filing states that the Association must be filed and approved by the state prior to marketing in that state.

If the Association is 3-5 years old and is a bona fide association they generally can include insurance.

They must meet the definition in the insurance code of a bona fide association.

The Association sends out the certificate of insurance to the member with their fulfillment kit for all new members.

The Association or the TPA handles customer service.  GTL will process the claims.

No, the Master policy and the Master Application are between GTL, the carrier, and the Association group.  The Association will send the individual member a certificate of coverage.  GTL will create the certificates of coverage by product and state and send them to the Association for distribution.

No, GTL sells Accident insurance and Group Term Life insurance.  We also have several riders available.  The riders include Cancer Lump Sum, Hospital Indemnity, and several other benefits.

All Marketing and Fulfillment must be reviewed and approved by GTL Compliance prior to its use in the marketplace.

This product and its features are subject to state availability and variability. The Policy has exclusions, limitations, reductions of benefits and terms under which the Policy may be continued in force or discontinued. Click here to view product disclosures.

GAD28.14-23