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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 rĒl, 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 155355 times)

Offline sillypainter

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Re: Areivim USA - Coronavirus
« Reply #200 on: May 02, 2020, 11:49:05 PM »
I remember reading somewhere that the 100K per yasom is a MINIMUM so if they collect more they give more, and I'm sure they're having collection issues with a certain percent of members.

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Re: Areivim USA - Coronavirus
« Reply #201 on: May 02, 2020, 11:51:27 PM »
I remember reading somewhere that the 100K per yasom is a MINIMUM so if they collect more they give more, and I'm sure they're having collection issues with a certain percent of members.

If they aren't collecting from someone for a while, how long do they still consider them a member? If they keep them on for a while then their whole 20k member count might not mean much...
DDF FFB (Forum From Birth)

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Re: Areivim USA - Coronavirus
« Reply #202 on: May 02, 2020, 11:51:38 PM »
1) Does Areivim only pay out to members?
2) Is it possible to lose membership?
    2a) If yes, how?
Failing at maintaining Lurker status.

Offline JMHO

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Re: Areivim USA - Coronavirus
« Reply #203 on: May 03, 2020, 12:18:41 AM »
Iím puzzled by the numbers.

They are looking to raise 8 million, and are asking $400/member. Mathematically that implies there are 20,000 members (not 14,500 as someone suggested above)

If so, why do they usually charge each member $7/yasom instead of $5/yasom?

 By charging $7/yasom arenít they in effect raising $140,000 per yasom (20,000 x 7) , and if they are paying out $100,000/yasom? Where is that extra $40,000 for each collection?
These are very serious questions but since they are a private business with no public accountability or publicly available information, we'll never know...

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Re: Areivim USA - Coronavirus
« Reply #204 on: May 03, 2020, 12:20:00 AM »
These are very serious questions but since they are a private business with no public accountability or publicly available information, we'll never know...
They are a not for profit
Feelings don't care about your facts

Offline Zevwolf

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Re: Areivim USA - Coronavirus
« Reply #205 on: May 03, 2020, 12:23:32 AM »
1) Does Areivim only pay out to members?
2) Is it possible to lose membership?
    2a) If yes, how?
19) Membership rights may be terminated at any time if pledges are not paid in a timely fashion.

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

Offline Zevwolf

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Re: Areivim USA - Coronavirus
« Reply #206 on: May 03, 2020, 12:25:10 AM »
Iím puzzled by the numbers.

They are looking to raise 8 million, and are asking $400/member. Mathematically that implies there are 20,000 members (not 14,500 as someone suggested above)

If so, why do they usually charge each member $7/yasom instead of $5/yasom?

 By charging $7/yasom arenít they in effect raising $140,000 per yasom (20,000 x 7) , and if they are paying out $100,000/yasom? Where is that extra $40,000 for each collection?
26) The goal is to establish funds of up to $100,000 per orphan. If more people than the number required to reach that goal join, the amount of assistance collected from each member decreases.
http://www.areivim.info/terms.php

Offline Sammyonetwo

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Re: Areivim USA - Coronavirus
« Reply #207 on: May 03, 2020, 12:29:31 AM »
Just saying Iím a big fan and have for charity because you canít rely on them.

But none of them work for free.

Hatzolah shomrim are also nom profits and they collect a lot of money.

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Re: Areivim USA - Coronavirus
« Reply #208 on: May 03, 2020, 12:31:58 AM »
Just saying Iím a big fan and have for charity because you canít rely on them.

But none of them work for free.

Hatzolah shomrim are also nom profits and they collect a lot of money.
Not that it really makes a difference to this conversation, but the Lakewood yesomim funds are run by a volunteer group and the office staff are paid by private sponsors.
Feelings don't care about your facts

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Re: Areivim USA - Coronavirus
« Reply #209 on: May 03, 2020, 12:32:14 AM »
19) Membership rights may be terminated at any time if pledges are not paid in a timely fashion.

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

So they only pay to members, and if you don't pay the membership fees, you lose your membership. Is this a new pay-to-get tzedaka model?
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Offline Zevwolf

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Re: Areivim USA - Coronavirus
« Reply #210 on: May 03, 2020, 12:37:49 AM »
So they only pay to members, and if you don't pay the membership fees, you lose your membership. Is this a new pay-to-get tzedaka model?
You don't pay membership you only pay if a member passes away for the yesomim.

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Re: Areivim USA - Coronavirus
« Reply #211 on: May 03, 2020, 12:42:35 AM »
You don't pay membership you only pay if a member passes away for the yesomim.

But if you don't pay out for others, you don't get paid. Not membership, but membership.
19) Membership rights may be terminated at any time if pledges are not paid in a timely fashion.

http://www.areivim.info/terms.php
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Offline shulem92

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Re: Areivim USA - Coronavirus
« Reply #212 on: May 03, 2020, 12:47:53 AM »
Iím puzzled by the numbers.

They are looking to raise 8 million, and are asking $400/member. Mathematically that implies there are 20,000 members (not 14,500 as someone suggested above)

If so, why do they usually charge each member $7/yasom instead of $5/yasom?

 By charging $7/yasom arenít they in effect raising $140,000 per yasom (20,000 x 7) , and if they are paying out $100,000/yasom? Where is that extra $40,000 for each collection?
their original model was to have 14k members give $7 each yasom. When their membership exceeded 14k they changed their model. Every time there is a ďcollectionĒ they take $7 from every member. The extra money goes for the next time they need to make a collection, they just take less...

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Re: Areivim USA - Coronavirus
« Reply #213 on: May 03, 2020, 12:48:08 AM »
But if you don't pay out for others, you don't get paid. Not membership, but membership.
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-memberís family?
Quote from: YitzyS
Quotes in a signature is annoying, as it comes across as an independent post.

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Re: Areivim USA - Coronavirus
« Reply #214 on: May 03, 2020, 12:50:10 AM »
their original model was to have 14k members give $7 each yasom. When their membership exceeded 14k they changed their model. Every time there is a ďcollectionĒ they take $7 from every member. The extra money goes for the next time they need to make a collection, they just take less...
I don't understand how this makes sense. Either bill less now or bill fewer times now. Why apply it towards a different case and then bill extra for that one too?
Feelings don't care about your facts

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Re: Areivim USA - Coronavirus
« Reply #215 on: May 03, 2020, 12:51:04 AM »
So they only pay to members, and if you don't pay the membership fees, you lose your membership. Is this a new pay-to-get tzedaka model?
Yes it is a new model.
Feelings don't care about your facts

Offline JACKBLUE

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Re: Areivim USA - Coronavirus
« Reply #216 on: May 03, 2020, 12:53:36 AM »
Just saying Iím a big fan and have for charity because you canít rely on them.

But none of them work for free.

Hatzolah shomrim are also nom profits and they collect a lot of money.
No one gets paid by Areivim, I know this for a fact.

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Re: Areivim USA - Coronavirus
« Reply #217 on: May 03, 2020, 12:53:42 AM »


I don't have an issue with them not paying out non-members. It just seems to me that many people are treating this as LI, but prefer this to traditional LI because they get to deduct it from maaser. To be clear, not everyone, but many people. One agent upthread is even suggesting clients take traditional LI to supplement to this "plan." I don't see how this is considered tzedaka.
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Re: Areivim USA - Coronavirus
« Reply #218 on: May 03, 2020, 12:56:44 AM »
I don't see how this is considered tzedaka.
Why wouldnít it be considered tzedaka? Money is being collected to support families that suffered a loss.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline shulem92

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Re: Areivim USA - Coronavirus
« Reply #219 on: May 03, 2020, 12:56:56 AM »
I don't understand how this makes sense. Either bill less now or bill fewer times now. Why apply it towards a different case and then bill extra for that one too?
they donít bill extra the next time. People just donít see it on a practical level. Example: someone dies in January and leaves over 4 yesomim. They should collect $28 in January and $7 in February based on the old model. Now they would just collect $28 in January. When I said leftover i meant within the $7.... one of their main goals was that it should be increments of $7 because otherwise people feel like theyíre getting charged random amounts every month. With their $7 collections you feel like u know exactly what itís for every time. (They do charge less frequently now that there are more members. Take a look at this last collection notice ď
We are hereby notifying you that due to the tragic passing of an Areivim Member from Lakewood, NJ who left behind a widow and 10 orphans we will be initaiting a collection on behalf of the family in the months of May and June. Ē collecting 11x7=77 but somehow only collecting in may and June)