The North Carolina Medical Society Employee Benefit Plan is pleased to offer your practice a broad range of life insurance options, underwritten by USAble Life.

Single Flat Option Dual Flat Option Salaried Option
$15,000 $15,000 & $25,000 1 x salary
$25,000 $15,000 & $30,000 $2 x salary
$30,000 $25,000 & $50,000 $3 x salary
$50,000 $30,000 & $50,000 Guaranteed issue
$75,000 $30,000 & $75,000 up to $150,000
Guaranteed issue
up to $50,000.
$50,000 & $75,000 Maximum of $250,000.

Accidental Death and Dismemberment (AD & D) coverage is included.

Rates for all Group Term Life/AD & D options are $0.11 per $1,000.

We also offer Dependent Life coverage:

  • Spouse $5,000 & Children $2,500 (6 mos. to 26 yrs) and $250 (14 days to 6 mos.) OR
  • Spouse $10,000 & Children $5,000 (6 mos. to 26 yrs) and $500 (14 days to 6 mos.)
  • Dependent child is defined as any unmarried child less than 26 years of age who is 1) not working on a full-time basis, and 2) depends upon the insured for more than 50% of their support

The rate for Dependent Life is $0.15 per $1,000 of Spouse coverage.

For more information, please contact your agent or MMIC Agency Inc. at 1-800-662-7917


All Group Term Life/AD & D options are offered on a non-contributory basis (100% employer paid) and require 100% employee participation, even if employee waives health insurance. Dependent Life options are offered on a contributory basis (cost may be shared by employee and employer or 100% employee paid). Coverage reduces by 35% at age 65, by 50% at age 70, and terminates at age 75. A Dual Flat Option requires at least three employees to enroll in each benefit level (i.e. 3 employees with $15,000 and 3 employees with $25,000 if selecting the $15,000 & $25,000 option). Evidence of Insurability (EOI) Forms are required for the following reasons:

  • Selecting more than $50,000 in Group Term Life coverage
  • Selection by an employee of the higher of two amounts in a Dual Flat Option
  • Request for coverage above $150,000 in Salaried Option