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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
49 (70%)
Only Areivim
21 (30%)

Total Members Voted: 70

Author Topic: Areivim USA - Coronavirus  (Read 150863 times)

Offline yuneeq

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Re: Areivim USA - Coronavirus
« Reply #800 on: June 03, 2021, 06:02:44 PM »
just came back here to check if anyone changed their mind yet. anyone? ;)

Who are you expecting to change their mind and about what?
Visibly Jewish

Offline aygart

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Re: Areivim USA - Coronavirus
« Reply #801 on: June 06, 2021, 09:59:13 PM »
R Posen just announced that the Lakewood Cheder bought life insurance for all Rabbeim
« Last Edit: June 06, 2021, 11:39:19 PM by aygart »
Feelings don't care about your facts

Offline yelped

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Re: Areivim USA - Coronavirus
« Reply #802 on: June 07, 2021, 12:11:45 AM »
R Posen just announced that the Lakewood Cheder bought life insurance for all Rabbeim
How much? I know there was an organization that used to buy a $50,000 policy for each Rebbe and teacher. That's nice, but not going to cover much if it's needed Chas VeShalom.

Offline ExGingi

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Re: Areivim USA - Coronavirus
« Reply #803 on: June 07, 2021, 12:45:20 AM »
How much? I know there was an organization that used to buy a $50,000 policy for each Rebbe and teacher. That's nice, but not going to cover much if it's needed Chas VeShalom.

Are you referring to http://www.grusslife.org/programs/program.asp?id=8

$50,000 can be purchased by employer for employees and would not be taxable to the employees. It would also cost very little. Higher amounts would generally be a taxable benefit if employer paid.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline yelped

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Re: Areivim USA - Coronavirus
« Reply #804 on: June 07, 2021, 11:10:58 AM »
Are you referring to http://www.grusslife.org/programs/program.asp?id=8

$50,000 can be purchased by employer for employees and would not be taxable to the employees. It would also cost very little. Higher amounts would generally be a taxable benefit if employer paid.
Probably.

Offline yesitsme

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Re: Areivim USA - Coronavirus
« Reply #805 on: September 14, 2021, 06:46:47 PM »



Offline tov hashem

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Re: Areivim USA - Coronavirus
« Reply #806 on: September 14, 2021, 11:27:17 PM »
יהי רצון שלא ירבו

Offline Yosel

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Re: Areivim USA - Coronavirus
« Reply #807 on: September 15, 2021, 11:08:01 AM »


and where exactly is the GELT????? asking for a friend

Offline Moshe123

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Re: Areivim USA - Coronavirus
« Reply #808 on: September 15, 2021, 11:13:40 AM »
and where exactly is the GELT????? asking for a friend

By the intended recipients...

Offline Yosel

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Re: Areivim USA - Coronavirus
« Reply #809 on: September 15, 2021, 11:18:12 AM »
By the intended recipients...
Glad to hear..................

Offline yesitsme

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Re: Areivim USA - Coronavirus
« Reply #810 on: September 15, 2021, 12:37:57 PM »
and where exactly is the GELT????? asking for a friend
the meat in gourmet Glatt is kosher? asking for a friend

Offline yesitsme

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Re: Areivim USA - Coronavirus
« Reply #811 on: July 28, 2022, 12:51:52 AM »
Dear Mr. and Mrs. +++++
 
It is with great pain that we notify you of the untimely Petirah of two Areivim USA members, one from Lakewood leaving behind a widow and four orphans R''l, and one from Boro Park leaving behind a widow and five orphans R''l. Therefore Areivim USA members are requested to donate in the months of August and September.

Rav Yosef Zimbal, Rav of Westgate will be overseeing the collection on behalf of the family from Lakewood.

Reb Yehoshua Rubin, Avdak Bobov-45 will be overseeing the collection on behalf of the family from Boro Park

Your card/account ending in ****, will be debited in the amount of $28 on or about 8/1/2022 .
Please make sure this card/account is still valid. In the case it is not  valid, or you would like to change the payment method, please contact us no later than Sunday July 31st with the correct information.
 
If you do not wish to donate, please call us by Sunday July 31st or we will assume that you want us to charge the account we have on file for the above amount.

In the zechus of of supporting almonos & yesomim in a respectful and discreet manner, may we all be spared any sorrow and may our services speedily become obsolete.
["-"]

Offline Yosel

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Re: Areivim USA - Coronavirus
« Reply #812 on: July 28, 2022, 10:54:17 AM »
Dear Mr. and Mrs. +++++
 
It is with great pain that we notify you of the untimely Petirah of two Areivim USA members, one from Lakewood leaving behind a widow and four orphans R''l, and one from Boro Park leaving behind a widow and five orphans R''l. Therefore Areivim USA members are requested to donate in the months of August and September.

Rav Yosef Zimbal, Rav of Westgate will be overseeing the collection on behalf of the family from Lakewood.

Reb Yehoshua Rubin, Avdak Bobov-45 will be overseeing the collection on behalf of the family from Boro Park

Your card/account ending in ****, will be debited in the amount of $28 on or about 8/1/2022 .
Please make sure this card/account is still valid. In the case it is not  valid, or you would like to change the payment method, please contact us no later than Sunday July 31st with the correct information.
 
If you do not wish to donate, please call us by Sunday July 31st or we will assume that you want us to charge the account we have on file for the above amount.

In the zechus of of supporting almonos & yesomim in a respectful and discreet manner, may we all be spared any sorrow and may our services speedily become obsolete.

and the PURPOSE of a "rav" to oversee the collection is?

Offline dm123

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Re: Areivim USA - Coronavirus
« Reply #813 on: July 28, 2022, 11:09:24 AM »
and the PURPOSE of a "rav" to oversee the collection is?
Objective reliable party with enough knowledge of halacha and finance (or network of people knowledgeable in finance if Rav has questions) to trust with collection/distribution of tzedakah funds?

Offline JACKBLUE

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Re: Areivim USA - Coronavirus
« Reply #814 on: July 28, 2022, 03:50:49 PM »
and the PURPOSE of a "rav" to oversee the collection is?
Haters will stay haters!!

Offline yfr bachur

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Re: Areivim USA - Coronavirus
« Reply #815 on: July 31, 2022, 08:11:57 AM »
and the PURPOSE of a "rav" to oversee the collection is?

to ensure the money is used properly and doesn't fund something else?

Offline aygart

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Re: Areivim USA - Coronavirus
« Reply #816 on: July 31, 2022, 08:18:06 AM »
to ensure the money is used properly and doesn't fund something else?
Such as to ensure the money remains for the benefit of the yesomim and not the pocket of a step-parent.
Feelings don't care about your facts

Offline Yosel

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Re: Areivim USA - Coronavirus
« Reply #817 on: July 31, 2022, 05:21:25 PM »
Such as to ensure the money remains for the benefit of the yesomim and not the pocket of a step-parent.
A huge benefit over a life insurance. WOW

Offline Yosel

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Re: Areivim USA - Coronavirus
« Reply #818 on: July 31, 2022, 05:24:17 PM »
Haters will stay haters!!
i think that I personally love you, I was just looking for a good answer to my question, if you can!!!

Offline aygart

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Re: Areivim USA - Coronavirus
« Reply #819 on: July 31, 2022, 05:24:49 PM »
A huge benefit over a life insurance. WOW
Depending on how the beneficiary is structured.
Feelings don't care about your facts