You're working hard to protect the health of others. That same dedication can be just as important when it comes to protecting your family's lifestyle in the event of an untimely death. By choosing the right life insurance coverage now, you can help preserve everything you've worked for and everything they depend on, well into the future.
OMA Term Plus Insurance gives you coverage when you need it most, and offers a dependable way to fund debt repayments, final expenses, your children's education or any other financial need if you die prematurely. And best of all, after you turn age 75, you'll have a reduced amount of coverage for life, with no further payments needed.
Designed to meet your increasing insurance needs,
OMA Term Plus
Insurance features several benefits:
Coverage is simple and affordable. Rates depend on a variety of factors such as gender, age and smoking status.
Plus applicable Sales Tax. Rates shown above are subject to change by New York Life Insurance Company. Premiums increase as you enter a new age bracket. Rates age 60 and up are for renewal purposes only.
To learn more about rates, and to get a quote, simply contact OMA Insurance at
or 1.800.758.1641, or use the
OMA Insurance works to streamline the underwriting process as much as possible, reducing the complexity and time required to arrange coverage. Here are the steps required:
We've designed this innovative plan with our members in mind. Apply today and, once approved, we'll send your Term Plus Life certificate. Review it at your leisure for 30 days with no obligation. If you're not completely satisfied with your coverage, simply return it without claim within that time period for a full refund of all premiums paid.
How to best protect your family's future may be one of life's most important decisions, but it needn't be complicated. OMA Insurance makes it easy to get the protection you need, for every stage of your life.
While the group plan described above has been specifically designed with physicians in mind, you may have circumstances that require an individual plan. Either way, your OMA Insurance advisor is here to help.
1 Unit values begin to decrease at age 66.
2 Non-smoker rates may be available if you have not used any tobacco, tobacco cessation products, marijuana, nicotine in any form or nicotine replacement products in the last 24 months. Non-smoker rates will be discontinued for any person who ceases to be a non-smoker according to New York Life's guidelines. 3 Waiver of Premium benefit is optional and is available on basic member coverage only. Premiums are not payable at age 59 or older and the benefit terminates at age 60.
Coverage will continue as long as (i) you pay your premium when due; (ii) you maintain membership in your association; (iii) the group policy remains in force; and (iv) if you are a medical student, you do not cease to be a full-time medical student without otherwise being eligible for membership in one of the sponsoring associations. Spousal coverage will continue as long as your coverage remains in effect, premiums are paid when due and the group policy is not modified.
This fact sheet is a summary of the major features of the group insurance program under policy G-29500. Complete terms are governed by the group insurance policy issued by New York Life Insurance Company, Canadian Chief Agency, 2100 Scotia Plaza, 40 King St. West, Toronto, Ontario M5H 3C2 on policy form GMR-FACE G-29500. New York Life has no right to cancel the group policy as long as premiums are paid when due.
Some conditions apply.