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Article: Higher Life Insurance limits introduced under AICPA Insurance Trust
- Article from:
- CPA Letter
- Article date:
- September 1, 1998
- Author:
CopyrightCopyright American Institute of Certified Public Accountants Sep 1998. Provided by ProQuest LLC. (Hide copyright information)
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Effective Oct. 1, up to $1,500,000 of term life insurance will be available to eligible individual members of the AICPA under the CPA Flexible Life Insurance Plan and the Group Variable Universal Life Insurance Plan. In addition, $400,000 and $500,000 Schedules of Insurance will be offered under the Group Insurance Plan to eligible firms.
Under the CPA Flexible Life Insurance Plan and Group Variable Universal Life Insurance Plan (coverage is provided on an individual basis to AICPA members in public practice, private industry, government and education), maximum amounts of coverage will increase as follows: to $1,500,000 for those under age 55 who are members of both the AICPA and a state ...