AICPA Life Insurance Plan enhancements announced.

• Position: Brief Article

Two enhancements to the AICPA's CPA Life Insurance Plan take effect Apr. 1, 2003. Previously, Spouse Life Insurance had been available up to an insured member's own coverage amount; that requirement will no longer be in effect. The spouse of a member can be insured for any eligible amount available to the member, whether or not the member is a Plan participant. Now a spouse can become covered, for example, for $2,000,000, the Plan maximum, an amount formerly not available for the spouse unless the member was also insured for the same amount.

Another...