Voluntary Service Term

You may be eligible for $5,000 of term insurance—at no cost to you!

If you provide, or are planning to provide full-time, voluntary, uncompensated mission or humanitarian service through a sponsor, such as an ecclesiastical, humanitarian, or charitable corporation, you may be eligible for $5,000 of Voluntary Service Term (VST).

Here are some quick facts about VST:

• VST is available to individuals ages 19–27.
• The VST wait list is available for ages up to 19.
• We waive the charge, so you pay nothing!
• You’re covered while you serve.
  
  

1. What is VST? Voluntary Service Term (VST) is term life insurance. It provides $5,000 of term insurance for qualified applicants who provide full-time, voluntary, uncompensated mission or humanitarian service under the active supervision of a sponsor that is either an incorporated ecclesiastical organization or an incorporated organization specializing solely in humanitarian or charitable activity. Examples of qualified applicants include church missionaries and volunteers with organizations such as the Peace Corps, American Red Cross, and other approved humanitarian organizations.
   
   
2. What ages are eligible for Voluntary Service Term? Coverage is available to qualified people who are ages 19-27, inclusive, on the start date of their actual service. (A person who begins qualified service at age 27 would be covered for up to 24 months, during the period of service.) A parent, grandparent, spouse, or adult sibling of the person who will be serving may also submit the application.
   
   
3. When can I apply for Voluntary Service Term?
   
   
• What if I’m 18½–27 years old? If the proposed insured is 18½–27, inclusive, at the time of application and will begin service within 6 months, apply now and Beneficial will process your application immediately. (Note: If actual service will begin later than 6 months from the date you apply, go ahead and apply now, and we’ll put you on our wait list. When you know when and where you’ll be serving and are within 6 months of service, please let us know by e-mailing us at custserv@benlife.com. Then we’ll update and process your application.)
  
  
• What if I’m younger than 18½ years? If the proposed insured is younger than 18½ years at the time of application, go ahead and apply now, and we’ll put you on our wait list. When you know when and where you’ll be serving and are within 6 months of service, please let us know by e-mailing us at custserv@benlife.com. Then we’ll update and process your application.)
  
  
4. What type of service is covered? Coverage is available to qualified applicants who provide full-time, voluntary, uncompensated mission or humanitarian service under the active supervision of a sponsor that is either an incorporated ecclesiastical organization or an incorporated organization specializing solely in humanitarian or charitable activity.
   
   
5. What is the cost to me, and what is the duration of coverage? We waive the insurance premium during your service period—up to 24 months from the time service begins—so you pay nothing!
   
   
6. Is evidence of insurability required? No medical tests or evidence of insurability are required.
   
   
7. Where is Voluntary Service Term available? Applicants must be residents of the United States at the time of issue. See the Application for state availability.
   
   

Beneficial Life Term 1 Life Insurance With Voluntary Service Endorsement: form E-VSE. Fixed life products are offered by Beneficial Life Insurance Company, 150 Social Hall Ave., P.O. Box 45654, Salt Lake City, Utah 84145-0654, (801) 933-1100. These products are not available in all states. Beneficial Financial Group is a marketing name for Beneficial Life Insurance Company, its affiliated companies, and sales representatives. The policy contains the actual governing contractual provisions. Guarantees are subject to the claims-paying ability of the insurer. Beneficial Financial Group and its respective agents, representatives, and/or advisors, do not offer tax or legal advice. Please consult your attorney, accountant, or tax advisor about specific points of interest to you.