CPA Life Insurance Plan
Frequently Asked Questions

Q. Who is eligible for coverage?
A. You are eligible to request coverage under this plan if you are under the age of 75 and are a member of the AICPA, a State Society of CPAs or other eligible organization, and living in the United States, Puerto Rico, the U.S. Virgin Islands, or Guam.

Q. When can I apply for coverage?
A. You can apply for new or increased coverage at any time. Apply for New Coverage or Increased Coverage.

Q. Once insured do I need to submit an application if I want to keep my coverage at the same level of protection every year?
A. No, if you would like to maintain the same amount of coverage there is no need to submit a new application. However, if you are currently receiving Select rates, you will need to resubmit evidence of good health every 15; Preferred rates require evidence every 20 years. If you're not approved for Select or Preferred rates, you can still maintain your life insurance coverage at the Standard rate, as long as you remain eligible.

Q. Do I need to complete the entire application to request additional coverage, even if I have had no medical changes since my last application?
A. Yes, a new application is required if additional coverage is being requested. Apply for Increased coverage.

Q. What is Select Status?
A. Select offers rates that are 25-50% lower than standard rates for participants age 45-79 who submit evidence of good health —in most cases a medical exam isn't needed. If approved, you'll maintain your Select status for 15 years, or until you turn age 80. Only upon expiration of the 15-year period will you need to resubmit evidence of satisfactory health to Prudential to re-qualify for Select rates. Please note: Requests for new or increased coverage are only accepted up to age 74. Click here to see Select rates.

There is no risk to apply for Select Status. If you are not approved for the Select rate, you will continue to pay your current rate for your existing coverage.

Q. What is Preferred Status?
A. Preferred offers the lowest rates for participants aged 50-79 who submit satisfactory evidence of excellent health. If you maintain at least $250,000 in coverage, and provide evidence of your insurability including a brief in-home or in-office medical exam, you may be approved for Preferred Status, which offers rates that are 52-65% lower than Standard rates. Besides your own excellent health and family health history, certain avocations such as your driving record and tobacco use are factors considered in the application process. Preferred status will continue as long as you submit updated evidence of excellent health to Prudential at the end of each 20-year period. Please note: Requests for new or increased coverage are only accepted up to age 74.
Click here to view CPA Life Preferred Rates.

There is no risk to apply for Preferred Status. If you are not approved for the Preferred rate, you will continue to pay your current rate for your existing coverage.

Q. What is Dependent Child coverage and how do I apply for it?
A. Dependent Child coverage provides $10,000 of term life insurance coverage for each qualifying child for an annual charge of $6 (this $6 is deducted from any cash refunds issued). If you are currently insured and you would like to add this coverage, visit the online self service center or write to us requesting that the dependent child coverage be added. Or, if you are a new applicant, you can request coverage by checking the appropriate box on the application form. New applicants - - Apply Now.

Q. If I apply for additional coverage and I am declined, does my existing coverage remain in effect?
A. Yes, your current coverage will remain in force if your application for additional coverage is declined.
Apply for Additional Coverage.

Q. How can I make changes to my policy such as decreasing my coverage, removing or adding an AD&D option, removing a Disability Waiver election, or removing or adding coverage for a dependent child?
A. Changes to coverage can be made at any time by accessing the Online Self-Service Center. If you would prefer to submit changes in writing, please include your name, telephone number, account number, requested change (s) to the policy, your signature and date. Send your written requests to:

Aon Insurance Services
AICPA Insurance Trust
159 E. County Line Road
Hatboro, PA 19040
Fax: 1-800-242-7248

IMPORTANT -- Do not request changes in your coverage on the payment coupon. Changes in coverage requested on payment coupons will not be processed.

Q. Is there an automatic reduction in coverage?
A. Yes, on the October 1 on or after your attainment of age 75, your term life coverage will reduce to an amount equal to the lesser of 50% of the previous in force amount or $500,000.

Q. What is the Disability Waiver option?
A. If you elect this option and become totally disabled prior to age 60, once your claim is approved, your life insurance coverage will be continued and you will not have to make premium contributions, while you remain totally disabled.

Q. How can I increase my coverage, apply for Select or Preferred rates or add Disability Waiver coverage?
A. Click here to apply for increased coverage, a new rate class or the Disability Waiver option.

Q. How can I make a payment?
A. You can make an online payment using e-check in the Online Self-Service Center. Simply sign-up at It only takes a few minutes to register to begin using this convenient online service. It's easy and secure. If you are not registered to use the Online Self-Service Center or enrolled in electronic funds transfer (EFT), you may pay via check or by bill payment service through your bank. At this time, we are unable to accept checks-by-phone. Checks should be made payable to: AICPA Insurance Trust and sent to:

AICPA Insurance Trust
Aon Insurance Services
PO Box 0738
Carol Stream, IL 60132-0738

Q. Does your rate increase when you enter a new age group?
A. Yes, CPA Life has step-rates, meaning they increase in five-year increments once you reach age 30. Click here to see how the rates increase with each age group.

Q. Are there refunds under the Plan?
A. Yes, however they are not guaranteed. More Information.

Q. Do I have to maintain membership with the AICPA, State Society or other qualifying organizations to keep my coverage?
A. Yes, membership is required to maintain your current coverage. However, there is an option to convert the coverage to an individual insurance policy. More information can be found on the Exclusions and Notices Page.

Q. Can the CPA Life Insurance coverage be assigned?
A. Yes, Click here for an Assignment Form.

Q. Is a medical examination required to receive the coverage?
A. It is expected that most members who apply for Standard or Select rates will be accepted for coverage on the basis of their answers to health questions and without further medical evidence. Members not so accepted may, at their option, furnish medical evidence. A medical exam is required for Preferred rates.

Q. Can I change my billing cycle to be billed semi-annual versus annually?
A. Yes. Billing cycle changes can be processed at renewal time. Three billing modes are available - annual, semi-annual, and monthly. The minimum contribution amount for the semi-annual billing mode is $150.01 per payment. Monthly payment modes must be paid through electronic funds transfer (EFT) only. Payment options for alternate modes include direct billing or (EFT). If you prefer EFT, please include a voided blank check with your written request. Billing cycle changes can also be made using the Online Self-Service Center.

Q. I make online payments through my bank or bill-pay service. How can I avoid delays in posting my online payments?
A. To ensure timely processing, update your online banking information to reflect your correct account number (seven digit number beginning with nine).

Note: These frequently asked questions are for illustrative purposes only and is not a contract. It is intended to provide a general overview of the certificate described. Please remember that only the insurance certificate can give actual terms, coverages, amounts, conditions and exclusions.

Coverage under the AICPA sponsored life insurance plans is issued by The Prudential Insurance Company of America, 751 Broad Street, Newark, NJ 07102. Please refer to the Booklet-Certificate for all plan details, including any exclusions, limitations and restrictions, which may apply. Contract Series 83500. Aon Insurance Services, is the brand name for the brokerage and program administration operations of Affinity Insurance Services, Inc.; (AR 244489); in CA, MN & OK , AIS Affinity Insurance Agency, Inc. (CA 0795465); in CA, Aon Affinity Insurance Services, Inc., (0G94493), Aon Direct Insurance Administrators and Berkely Insurance Agency and in NY and NH, AIS Affinity Insurance Agency.

Insurer Issued Codes
California COA #1179 NAIC # 68241

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