Nra Membership: Life Insurance Benefits And Beyond

The National Rifle Association (NRA) offers a range of benefits to its members, including insurance plans. While the NRA does not explicitly mention life insurance, it does provide members with access to various other types of insurance, including property and liability insurance, as well as life, health, and accident plans. Additionally, annual members receive $5,000 of accidental death and dismemberment coverage, while life members receive $10,000 of the same coverage. NRA members can also take advantage of firearm insurance, which protects against the cost of damage, loss, or theft of their guns.

Accidental Death and Dismemberment Coverage

The National Rifle Association (NRA) offers Accidental Death and Dismemberment coverage as a benefit to its members. This coverage is intended to provide financial protection for members' loved ones in the event of a fatal accident. With benefit amounts of up to $100,000 available, this coverage can help ease the financial burden on families as they navigate the aftermath of an accidental death.

NRA members are guaranteed acceptance for Accidental Death coverage and cannot be turned down due to health history or current occupation. The coverage includes accidents that occur during the use of firearms or hunting equipment while hunting, as well as accidents at, or to and from, an NRA event. Additionally, the benefits are payable regardless of any other insurance coverage the member may have, ensuring that their loved ones receive the full amount of cash benefits they are entitled to.

For annual members, the NRA offers $5,000 of Accidental Death and Dismemberment coverage at no additional cost. Life members receive double this amount, with $10,000 of coverage included with their membership. Law enforcement officers who are NRA members and are killed in the line of duty are provided with $25,000 in coverage.

It is important to note that the Accidental Death coverage must be activated at the time of membership renewal or upgrade to Life Member status. Members can fill out a short form on the NRA website to activate their coverage. This coverage provides an important financial safety net for families, helping to protect against the financial impact of covered accidents.

Life, Health, and Accident Insurance

The National Rifle Association (NRA) offers its members a wide range of benefits, including Life, Health, and Accident Insurance.

NRA Endorsed Member Benefits was founded in 2000 and has since been providing insurance and security solutions exclusively to NRA members and their families. The organisation provides Property & Liability plans, as well as Life, Health, and Accident plans to all members.

Annual members of the NRA receive $5,000 of Accidental Death and Dismemberment coverage at no extra cost. This plan covers accidents at, or to and from, an NRA event, and accidents that occur during the use of firearms or hunting equipment while hunting. Insurance must be activated at the time of renewal and does not include Junior members. Life members receive $10,000 of the same coverage, which must be activated at the time of upgrade to Life member status. Law Enforcement Officers who are NRA members and are killed in the line of duty will have $25,000 in coverage.

Additionally, members receive $2,500 of ArmsCare coverage. This plan covers insured firearms, air guns, bows, and arrows against theft, accidental loss, and damage.

The NRA also offers its members access to a Cancer Care Insurance Plan, which provides extra money to fight cancer, as standard health insurance may not provide adequate coverage.

The NRA is committed to serving the unique needs of its members and their families and offers a wide range of solutions designed to protect them and their freedoms.

Property and Liability Insurance

Property Insurance

Property insurance is a broad term for a series of policies that provide financial protection for property owners and renters in the event of damage, loss, or theft. It typically covers structural damage, personal belongings, and liability if someone is injured on the property. Property insurance can include homeowners insurance, renters insurance, flood insurance, and earthquake insurance.

There are three types of property insurance coverage:

• Replacement cost: Covers the cost of repairing or replacing property at the same or equal value, based on replacement cost values.
• Actual cash value: Pays the owner or renter the replacement cost minus depreciation.
• Extended replacement costs: Pays more than the coverage limit if construction costs have increased, usually up to 25% above the limit.

Liability Insurance

Liability insurance provides protection against claims and legal costs arising from injuries, damage to property, or both, caused by the insured party. It is designed to protect both the insured and third parties who may be affected by the policyholder's unintentional negligence. Liability insurance is often required for vehicle insurance and is also common for homeowners, businesses, and certain professions such as medicine and law.

Liability insurance does not cover intentional or criminal acts, even if the insured party is found legally responsible. It also does not cover contractual liabilities. Instead, it focuses on providing financial protection and legal support in the event of accidental damage or injury to others.

Firearms Insurance

Firearm insurance is a type of insurance that covers the cost of damage, loss, or theft of guns. It is designed to protect gun owners from financial loss in the event that their firearms are damaged, lost, or stolen. This type of insurance can be purchased as a separate policy or as an add-on to an existing homeowner's insurance policy.

In the United States, the National Rifle Association (NRA) offers its members endorsed insurance plans that include property and liability coverage, as well as life, health, and accident insurance. The NRA-endorsed insurance plans are provided by a company called Lockton Affinity Outdoor, which specialises in insurance for outdoor enthusiasts and offers firearm insurance starting at $50 per year.

Some gun owners assume that their homeowner's insurance policy provides adequate coverage for their firearms. However, most homeowner's insurance policies have limited coverage for the theft of guns, typically with a maximum payout of $5,000, and this may not be enough to cover the cost of replacing multiple guns or high-value firearms. Additionally, homeowner's insurance typically does not cover intentional acts, such as gun-related injuries or deaths, which means that most gun-related incidents would not be covered.

As a result, some states and local governments have considered requiring gun owners to purchase liability insurance as a way to address the financial burden of gun violence. In 2022, San Jose, California, and New Jersey passed laws mandating that gun owners carry liability insurance to cover gun-related injuries. However, the constitutionality of these mandates has been questioned as they may be seen as an impermissible restriction on Second Amendment rights.

To comply with insurance requirements or to simply have additional peace of mind, gun owners can purchase separate firearm insurance policies. These policies can provide coverage for loss or damage to firearms due to a variety of causes, including theft, fire, or accidental discharge. Some policies may also include liability coverage for gun-related injuries, although this type of coverage is often excluded from standard insurance policies. When considering firearm insurance, it is important to carefully review the policy terms and conditions to understand what is and is not covered.

Identity Theft Protection

Identity theft is one of the fastest-growing crimes in America, with a new victim every 2 seconds. The NRA has partnered with ID Resolve to help members address this issue. ID Resolve offers two comprehensive programs – Monitoring & Resolution and Resolution Only – that help protect your money, time, and financial reputation. Members of the NRA can access these services at an exclusive rate.

NRA members can also receive up to a 40% discount on identity theft protection plans for individuals and families. This service is provided by Lockton Affinity Outdoor, and it helps protect you from the cost of damage, loss, or theft of your guns.

Frequently asked questions