Kwahuman Association of Massachusetts offers a Group Assistance Program (GAP) for our members. Please check out the most frequently asked questions regarding this program.
How does this insurance policy work?
This is not an insurance policy. It is a Group Assistance Program to benefit members in good standing.
Do I need medical examination before I become a member?
No. You don’t need any medical examination to become a member. Your age also does not matter. You don’t also need social security number or green card.
How much benefit can I get if something happens?
Every active member gets $15,000.
Can I take a loan from the program?
No. But if you are terminally ill or permanently disabled, you can DRAW DOWN up to $5000 from the program.
Is the $5,000 an extra benefit?
If you decide to take the $5,000, your primary benefit will be reduced to $10,000.
Can anybody become a member of the Program?
No. Generally, you must be a member of a local association in good standing.
If my husband is not a member of the Association, can he join the GAP?
Yes. GAP allows a member in good standing to register his/her spouse with a benefit of $10,000.
Can my husband or wife who is not a member also take the $5,000 loan?
No.
When is the last date to register?
You must register before December 31 of each year to have your benefit start on January 1st of the following year.
If I join GAP, can I get out or cancel my membership at any time?
Yes. But if you come back to register again, your benefit will start after 2 years. Also, if you are a member and you initially refused to join GAP when it was implemented you join later but you have to wait 2 years to receive any benefit.
How much premium do I pay every month?
There is NO monthly premium for the benefit. There is $50 registration a year. Since it is a self-funded benefit, you only contribute $50 if somebody dies.
Who will pay the $15,000 if something happens?
The Account Managers (Trustees) will instruct NY Life to pay the money whilst we collect the $50 per GAP member to fund the trust.
So, am I going to pay $50 anytime someone dies?
Yes, but only up to 4 occurrences a year. The GAP will pay any benefit after the 4th reported death.
What benefit does the GAP have over regular insurance?
A lot of benefits including:
A) There is no age limit.
B) No medical checkup.
C) No social security or Green Card required.
D) No monthly premium.
E) You don’t pay anything if no death is reported.
How much groups do you have under GAP?
We only have one group but with three different tiers.
- Tier 1:
Current local Members who join GAP from its inception
- Tier 2:
Current local members who join the program later, or leave and come back to rejoin- They will have to wait for two years to receive any benefit.
- Tier 3:
Spouses who are not members of the local Associations will receive $10,000 benefit from the program if they meet all provisions
What do I receive as a member?
Every member who registers will receive Okwahu United National I. D card for identification.
If your question has not been answered on this page, feel free to contact us at 774-772-0772. We will be happy to provide you the details you need.
