What are the advantages of USBA Smart Value 10 coverage for protecting my family? Smart Value 10 combines the benefits of affordable term coverage with rates that, although not guaranteed, are expected to remain level for a full 10 years. This can be especially helpful during the years when you may be raising a family and/or paying on a mortgage.

Can I continue my coverage after the 10-year term is over? Yes. You’re guaranteed the right to renew your coverage as long as premiums are paid and the Group policy is still in force. Renewal terms and premium rates are available on request. See Renewal Terms & Premiums for details.

Is there an age limit on eligibility for USBA Smart Value 10 protection? Yes. Insurance is available to USBA Members age 64 and under and can continue through age 84 provided you pay your premium contribution when due and the Group Policy remains in force.

If I should be diagnosed with a terminal illness, can USBA Smart Value 10 help my family while I’m still alive? Yes. USBA’s Living Benefit/Accelerated Death Benefit can pay you an amount equal to 50% of the Smart Value 10 coverage in force while you’re still alive. To request the Living Benefit, you must have at least $50,000 coverage in force, be under age 84, and be diagnosed with a terminal condition which results in an expected life span of 12 months or less. Diagnosis and evaluation of the limited life expectancy must be provided to New York Life. The Living Benefit is not available in Massachusetts. The amount of insurance payable at death will be reduced by the Living Benefit paid and any premiums deferred as a result of payment of the Living Benefit.

I’m healthy, and I lead a rather healthy lifestyle. Are special rates available? Yes. Healthy people with healthy lifestyles may receive a special discount. Lower Preferred Rates are available to qualified USBA insureds, starting at $100,000 coverage. Please review the Monthly Premium Rates to see just how much these savings can be. Preferred rates are not available for individuals who smoke, who have high-risk hobbies (such as scuba diving or sky diving), or who are employed in certain occupations (such as pilots and aircraft crew members).

Can the amount of my coverage ever be decreased because of age or poor health? No. The coverage amount you choose will remain the same regardless of your age or health.

Is it possible to protect my dependent children? Yes. You can protect all your eligible dependent children with term life coverage for just $1.50 more per month. Eligible dependent children are those, age 14 days through 22 years, who are not eligible for USBA Membership. Stepchildren must be dependent on the USBA Member for over 50% of their support.

Can I get separate my USBA Smart Value 10 coverage for my spouse and young adult dependents? Yes. A Member’s lawful spouse, age 64 and under, and unmarried eligible children, ages 18-22, may obtain their own Smart Value 10 coverage as Associate Members of USBA.

Will my family be protected in the event of a service-related or combat death? Yes. Service-related and combat deaths receive full benefits. With USBA, there is no war clause, just like when we were founded in 1959. Limitations: Military Flyers – If your death results from service as a pilot or crew member of a military aircraft (or giving or receiving any kind of training or instruction while on board any military aircraft) before age 36, one-half benefits are payable. Full life insurance benefits are payable for other causes of death. (Military flyers are not eligible for Preferred Rates.) Area of Armed Conflict  (This limitation does not apply to: insured members who are on active military duty, including the National Guard & Reserve; death due to accident or illness; or to any coverage amount in force with USBA prior to 1/1/07.) If your death results from hostilities in an “Area of Armed Conflict,” the aggregate maximum benefit payable under all USBA Group Life Plans will be limited to $100,000. (Note: Please contact USBA for a listing of the geographic areas currently designated as an “Area of Armed Conflict.” See your Certificate of Insurance for further details.)