The new year came with new benefits! As of January 1, 2021, AFSPA’s Group Enhanced Life (GEL) insurance issued by the Prudential Insurance Company of America has been enhanced with a new Life Events benefit. Members who are not yet at the $200,000 Guarantee Issue (GI) limit are allowed a one-time coverage increase of $50,000 within 60 days of a Qualified Life Event (QLE) without having to complete a health questionnaire. This coverage allows you to use a portion of your principal sum coverage to assist with home care, assisted living, and nursing home expenses.

QLE is defined as:

• Marriage or divorce
• The death of your spouse or child
• The birth or adoption of your child
• Employment or termination of employment of your spouse
• Switching from part-time to full-time employee status (or vice versa) by you or your spouse

The increase cannot exceed the maximum GI limit of $200,000.

For more information on GEL insurance click here.