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Areivim USA is a dignified way to give צדקה. It is not Life Insurance and doesn't guarantee any sort of financial protection to its members. it is registered as a religious organization and as such isn't required to incur the additional cost of preparing and filing form 990 with the IRS.

http://www.areivim.info/rform.php

Eb228
Quote
I spoke to Areivim at length as I sell life insurance and wanted to best advise ppl that had Areivim already and wanted to supplement it with LI.
I was told that it has never happened that Areivim declined to pay out based on someones assets or LI. It has happened that the family told them they don't need the money, but they never told the family no.
Simple reasoning is, they also think that 100K per yasom doesn't really cover it, the program just won't allow for a higher payout at $28/ monthly. So they encourage everyone to have LI as well to make sure kids are adequetly covered, and owning LI does not disqualify a payout [unless each kid will receive over a million dollars etc].



Quote
They are tax exempt. Click on the below IRS link and then download the first attachment. Then search "Areivim USA"

https://www.irs.gov/charities-non-profits/tax-exempt-organization-search-bulk-data-downloads


This (I have been to a few Areivim meeting with these Rabbonim)

Harav Elya Brudny, Rosh Yeshivas Mir Flatbush;
Harav Yitzchok Isaac Eichenstein, Galanter Rav;
Harav Doniel Geldzahler, Rosh Yeshivas Ohr Yisrael;
Harav Binyomin Zev Landau, Tosher Dayan of Boro Park;
Harav Henoch Shachar, Rav of Klal Ohr Tuvia in Lakewood

Areivim Terms and Conditions (emphasis added):
Quote
4) Areivim USA is not life insurance. Areivim USA has been established primarily as a charitable endeavor and its halachic status is like that of all tzedakah money collected from the public. In the event of a the passing of a member r”l, all contributions can be made with maaser money.

5) In the event of (G-d forbid) a large number of deaths among members (as a result of a war, an earthquake, etc.), Areivim USA reserves the right to consult with its Rabbinical Board on proper procedures.

6) Members have no rights to sue or submit legal claims against the decisions of Areivim USA or its Rabbinical Board, including for failure to initiate a collection. There are no oral agreements or other commitments between Areivim USA and its members, and no such oral agreements or commitments shall be given any legal effect.

« Last edited by ExGingi on May 30, 2021, 11:11:03 AM »

Poll

Do you have Areivim & Life Insurance? (NOTE: Areivim is not life insurance)

Yes
33 (67.3%)
Only Areivim
16 (32.7%)

Total Members Voted: 49

Author Topic: Areivim USA - Coronavirus  (Read 39366 times)

Offline YitzyS

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Re: Areivim USA - Coronavirus
« Reply #20 on: April 30, 2020, 08:50:27 PM »
Thanks. I'll iyH post here after I fill it out.
I selected that I would rather give $28 extra each month. I would have selected to give $50 or $100 extra a month - it's just that a $400 lump sum is somewhat difficult.
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Offline S209

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Re: Areivim USA - Coronavirus
« Reply #21 on: April 30, 2020, 08:52:09 PM »
I think this may backfire and cause members who are using it for life insurance to drop out. Either way, if they think it’s going to be incorporated back into the regular cycle they’re wrong, these are extra deaths and will be significantly more than the usual so they’ll be backed up forever.

It’s a difficult situation and I’m not sure what the correct method is.
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Offline JACKBLUE

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Re: Areivim USA - Coronavirus
« Reply #22 on: April 30, 2020, 08:55:49 PM »
I think this may backfire and cause members who are using it for life insurance to drop out. Either way, if they think it’s going to be incorporated back into the regular cycle they’re wrong, these are extra deaths and will be significantly more than the usual so they’ll be backed up forever.

It’s a difficult situation and I’m not sure what the correct method is.
People that are using this for life insurance should please get off!
This is a pure charity!

Offline Chapshnell

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Re: Areivim USA - Coronavirus
« Reply #23 on: April 30, 2020, 08:58:06 PM »
People that are using this for life insurance should please get off!
This is a pure charity!

not quite, its charity with a bonus in the back of everyones mind

Offline JACKBLUE

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Re: Areivim USA - Coronavirus
« Reply #24 on: April 30, 2020, 08:58:54 PM »
not quite, its charity with a bonus in the back of everyones mind
Correct. But if someone is thinking to get off because they have to pay more now they are using it only for life insurance.

Offline ExGingi

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Re: Areivim USA - Coronavirus
« Reply #25 on: April 30, 2020, 09:11:48 PM »
People that are using this for life insurance should please get off!
This is a pure charity!
Well said. Except if they became uninsurable after joining.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline S209

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Re: Areivim USA - Coronavirus
« Reply #26 on: April 30, 2020, 09:35:53 PM »
Well said. Except if they became uninsurable after joining.
I’m shocked! You think everyone should have life insurance? ;)
Correct. But if someone is thinking to get off because they have to pay more now they are using it only for life insurance.
So you think all 20,000 members signed up exclusively because they want to give a steady sum each month to orphans and widows? Sorry to say but if they all drop out you will need to donate significantly more to each fund. There’s a reason they offer it as a benefit. And why is the blood of a non-member any less red than a member? Should they also make you give a set amount to every non-member’s family?
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Offline ilherman

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Re: Areivim USA - Coronavirus
« Reply #27 on: April 30, 2020, 10:04:33 PM »
While this might be a good idea. If they don't advise each member before signing up to take out a million dollars term policy they deserve petch.
You can say what you think when you think what you say.

Offline Chapshnell

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Re: Areivim USA - Coronavirus
« Reply #28 on: April 30, 2020, 10:09:28 PM »
While this might be a good idea. If they don't advise each member before signing up to take out a million dollars term policy they deserve petch.

I am 99% sure they write in the pamphlet that this isnt in place of life insurance

Offline JACKBLUE

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Re: Areivim USA - Coronavirus
« Reply #29 on: April 30, 2020, 10:15:37 PM »
While this might be a good idea. If they don't advise each member before signing up to take out a million dollars term policy they deserve petch.
every normal person that signs up understands that.

Offline Chapshnell

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Re: Areivim USA - Coronavirus
« Reply #30 on: April 30, 2020, 10:16:43 PM »
"Areivim USA is not life insurance. Areivim USA has been established
primarily as a charitable endeavor and its halachic status is like that of all
tzedakah money collected from the public. In the event of a the passing of a
member r”l, all contributions can be made with maaser money"

Online yesitsme

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Re: Areivim USA - Coronavirus
« Reply #31 on: April 30, 2020, 10:21:50 PM »
I signed up only because its not a insurance policy

Offline JACKBLUE

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Re: Areivim USA - Coronavirus
« Reply #32 on: April 30, 2020, 10:24:13 PM »
To clarify, this is an amazing organization that the goal is to get as many members as they can, so you’ll only need to give a few $$ for each orphan and with these few $$ the orphan will automatically get $100K.....

Of course there’s a big benefit of being a member of this really nice organization that if you.......

Offline aygart

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Re: Areivim USA - Coronavirus
« Reply #33 on: April 30, 2020, 10:28:06 PM »
every normal person that signs up understands that.
I guess that you don't think much of most of them.
Feelings don't care about your facts

Offline JACKBLUE

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Re: Areivim USA - Coronavirus
« Reply #34 on: April 30, 2020, 10:33:21 PM »
I guess that you don't think much of most of them.
Lol

Offline ExGingi

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Re: Areivim USA - Coronavirus
« Reply #35 on: April 30, 2020, 10:40:42 PM »
I’m shocked! You think everyone should have life insurance? ;)

If only I could share with you some stories of uninsurable people that came across me just in the last 2 weeks, that could have worked out very differently if (financial) PROTECTION would have been given its proper priority in people's lives.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline Mikeoracle

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Re: Areivim USA - Coronavirus
« Reply #36 on: April 30, 2020, 10:44:00 PM »
+1
But I just signed up because of @YitzyS and @Chapshnell. Tizku L'mitzvos
just signed up as well, thanks for the encouragement

Offline Chapshnell

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Re: Areivim USA - Coronavirus
« Reply #37 on: April 30, 2020, 10:45:19 PM »
just signed up as well, thanks for the encouragement

great! smart

Offline David61

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Re: Areivim USA - Coronavirus
« Reply #38 on: April 30, 2020, 10:45:37 PM »
I don’t think families are eligible for benefits under their plan if you have life insurance.

Plan documents:
“In the event of (G-d forbid) a large number of deaths among members (as a result of a war, an earthquake, etc.), Areivim USA reserves the right to consult with its Rabbinical Board on proper procedures.”

“28) Those who financially wouldn’t need the support of Areivim USA or who otherwise wouldn’t qualify for Areivim USA membership, but wish to contribute to Areivim USA as a means of helping to alleviate the plight of orphans in our community, may contribute by filling out the attached Program Registration Form and inserting the desired donation sum per orphan. Such a donor may choose to pledge any amount per orphan.”

http://www.areivim.info/terms.php

This was not unanticipated:
http://www.rabbihorowitz.com/PYes/articleDetails.cfm?Book_ID=1310&ThisGroup_ID=262&Type=article
Reply
« Last Edit: April 30, 2020, 10:51:10 PM by David61 »

Offline Chapshnell

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Re: Areivim USA - Coronavirus
« Reply #39 on: April 30, 2020, 10:50:14 PM »
I don’t think families are eligible for benefits under their plan if you have life insurance.

Plan documents:
“In the event of (G-d forbid) a large number of deaths among members (as a result of a war, an earthquake, etc.), Areivim USA reserves the right to consult with its Rabbinical Board on proper procedures.”

This was not unanticipated:
http://www.rabbihorowitz.com/PYes/articleDetails.cfm?Book_ID=1310&ThisGroup_ID=262&Type=article
Reply

2010 article. were 10 years later now. under the terms and conditions there is no mention of that. It seems to be people who have no intention of collecting from areivim or people without kids or married off kids