Group Life Insurance | Stash + Avibra

Program Terms and ConditionsEffective April 16, 2021.

Group life insurance coverage provided through Avibra, Inc., a party not affiliated with Stash but with which Stash has a contractual relationship. Avibra will pay any and all premiums to the insurer for the insurance coverage on behalf of the insured until coverage terminates.    

In the event Avibra fails to pay any and all premiums or otherwise is no longer willing or able to maintain the coverage for the insured, Stash is not responsible for maintaining the insurance coverage on behalf of the insured and in particular is not responsible for paying any premium or portion thereof to the insurer. Instead, coverage shall terminate and any former insured shall be entitled to a conversion policy in accordance with the policy conversion terms and conditions as detailed in the member certificate. The insured will be responsible for any premiums under any conversion policy and such premiums will necessarily be higher than the premiums owed by an insured under this group life insurance coverage.

Only individuals between ages 18 through and including 54 and who are residents of one of the 50 U.S. states or the District of Columbia are eligible for group life insurance coverage, subject to availability. Individuals aged 55 and above as of the date and time of the submission of their application to Avibra are not permitted to apply for this group life insurance coverage. Individuals with certain pre-existing medical conditions may not be eligible for the full amount of coverage identified below, but may instead receive a lesser coverage amount.  

Effective November 6, 2020, to receive the group life insurance coverage through the Stash-Avibra partnership, you must (1) open and fund an individual brokerage account advised by Stash Investments LLC that is in good standing (a “Stash Invest Account”), (2) directly receive this offer via an email from Stash, and (3) complete the Avibra application via the Avibra mobile app.  As noted above, you must be an individual aged 18 – 54 and a resident of one of the 50 U.S. states or the District of Columbia to be able to complete the Avibra application. All insurance products are subject to state availability, issue limitations and contractual terms and conditions, any of which may change at any time and without notice. The amount of insurance coverage you are eligible for is based on your Stash platform tier service subscription plan: $1,000 for the Stash Growth plan; and $10,000 for the Stash+ plan. If you have group life insurance coverage from Avibra through the Stash-Avibra partnership and you upgrade or downgrade your Stash platform tier service subscription plan, your insurance coverage will be increased or decreased accordingly.  Any coverage will terminate at the earlier of: (1) the cancellation of your Stash platform tier service subscription plan, and (2) 11:59 PM on the day immediately preceding the insured’s 55th birthday.  Following completed registration, coverage will be subject to the terms and conditions imposed by Avibra and its insurance carrier(s) and verification of your eligibility based on residence, and your use of the Avibra app will be subject to Avibra’s terms of service and privacy policy, as well as any other required customer documentation.  In particular, eligible individuals must complete wellness requirements once a month as identified in the program to receive and maintain insurance coverage.  Such requirements are typically comprised of reviewing health- or financial-related wellness content. Additional disclosure from Avibra available on or as identified in connection with the enrollment process.

Stash Investments LLC is a SEC registered investment adviser. You may view our Wrap Fee Brochure and our Advisory Agreements at Stash is not responsible for any failure on your part to complete the Avibra application and/or maintain insurance coverage. Stash reserves the right to amend or cancel this offer at any time, but such amendment or cancellation will not affect coverage then in-effect. 

The Stash monthly subscription fee starts at $3.00, and you’ll also bear the standard fees and expenses reflected in the pricing of the ETFs in your account, plus fees for various ancillary services charged by Stash.

Stash may receive compensation from business partners in connection with certain promotions in which Stash refers clients to such partners for the purchase of non-investment consumer products or services. This type of marketing partnership gives Stash an incentive to refer clients to business partners instead of to businesses that are not partners of Stash. This conflict of interest affects the ability of Stash to provide clients with unbiased, objective promotions concerning the products and services of its business partners. This could mean that the products and/or services of other businesses, that do not compensate Stash, may be more appropriate for a client than the products and/or services of Stash’s business partners. Clients are, however, not required to purchase the products and services Stash promotes.