TWO for ONE our most popular plan:

Our TWO for ONE Family Life plan has been our most popular life insurance plan almost from the first day we introduced it in 1993. And there's a good reason for that.

Today's two-income families have household budgets based on two incomes. Just insuring the primary breadwinner doesn't truly protect the family as it probably did in our parents' generation. If either you or your spouse were to die unexpectedly, your family's lifestyle and future could be in jeopardy if both of you aren't insured adequately.

But do you really need two insurance policies...and the added expense and hassle of paying two premiums? What you probably need is insurance on the first person to die.Here's why: The benefits paid on that first life would in many cases take care of "the big three"...your mortgage, car payments, and children's education. And the surviving spouse would no longer need a coverage amount large enough to cover these major expenses. That's why we say it's the first person to die that needs the largest amount of insurance. And obviously no one can predict who will die first.

So here's the important benefit of TWO for ONE...It covers both of you for the same amount of coverage, it pays on whoever dies first, but there's only one premium to pay...not two!

Another Important Benefit...if the two of you were both to die as a result of the same accident...this plan will pay double your coverage amount to your survivors.

Many Coverage Amounts to choose from allows you to select Joint Coverage Units of $50,000 to $400,000 in multiples of $50,000. You can choose the right amount of coverage for your family.

Overall Maximum - Total coverage for you or your spouse under all USBA Group Life Plans cannot exceed $650,000.

Joint Coverage protects you and your spouse for the same amount under the same Joint Unit. One low monthly premium covers both of you. Benefits are paid once, upon the death of you or your spouse, whoever dies first. (The surviving spouse can continue coverage under one of our other Group Life Insurance Plans; otherwise, spouse coverage ends.)

Double Benefits For Common Accident means that should the two of you die within 15 days of each other, as the result of the same accident, the full benefit amount would be paid for each life.

Conversion Privilege can allow you to convert your term life coverage to an individual policy regardless of health. (Details are provided in the Certificate.)

Individual Certificate - This section outlines the principal provisions of the USBA Joint Level Term Group Life Insurance Plan. Complete details are in the Group Policy G-5393-1 (Policy Form GMR) delivered to USBA at its headquarters in Overland Park, Kansas, by New York Life. Each member will receive a certificate which summarizes policy provisions affecting his or her insurance.

Continuation of Coverage - USBA TWO for ONE coverage terminates on the June 1st following the older spouse's 70th birthday. You may continue your TWO for ONE Term Coverage (subject to the age termination as explained)so long as both you and your spouse are under age 70, you're still a USBA member, all premiums are paid when due, and the Group Policy hasn't been terminated or modified to end your coverage.

Earlier termination will occur in the event of divorce, an annulment of your marriage, your death or the death of your spouse, or a request from either you or your spouse for a voluntary termination.

No War Clause - Unlike many other life insurance plans, this plan pays benefits for a combat-related death.

POW/MIA protection - If the D.O.D. lists you as Missing In Action or as a Prisoner of War, USBA will pay 100% of your premium for your USBA group life insurance in effect at that time (and continue paying either until you're no longer a POW/MIA or until your coverage would otherwise end).

Coverage for Military Flyers allows you to be covered even as a military flyer! One-half of the benefit amount will be paid if the insured dies while giving or receiving instruction on board a military aircraft or serving as either a pilot or crew member, if the death occurs before the June 1st following the deceased's 36th birthday. Full benefits are payable after that.

$15,000 Emergency Death Benefit - Can pay a spouse beneficiary one-half of the insurance in force, up to $15,000, immediately, just on a phone notification that a member has died, if all qualifications are met.

Beneficiary - The Beneficiary is automatically designated: the husband's beneficiary is his wife; the wife's beneficiary is her husband. (Other designations can be made, if desired.)

Coverage you can keep - USBA's TWO for ONE Plan may be continued after retirement or military separation. And there's no increase in premium or decrease in coverage, just because you retire or separate. Veterans and Federal employees also qualify for USBA coverage.

30-Day Unconditional Promise - Once your Application is approved, you'll be issued a Certificate of Insurance. If you are not completely satisfied with the provisions of your Certificate, you may return it within 30 days for a prompt refund, no questions asked.

The Company Behind the Plan - This plan is underwritten by New York Life Insurance Co... one of the oldest and largest life insurance companies in America.

Optional Children's Term Life Coverage

USBA Children's Coverage is low-cost term insurance designed to protect your eligible children (unmarried children age 14 days through 22 years) who are not eligible for USBA Membership. Stepchildren must be dependent on the member for over 50% of their support. If both parents are insured with USBA coverage, only one parent may request Children's Coverage.

Each $50,000 of USBA TWO for ONE coverage which you request allows you to apply for one unit of Children's Coverage. The maximum is four units.

The monthly premium is just $1.50 per unit--and each unit covers all of your eligible children. In other words, the number of units determines only the amount of insurance on each child--not the number of children insured. And, the older your kids get, the more protection USBA Children's Coverage provides.

Children's coverage can continue as long as premiums are paid when due, you continue to be insured under a USBA-sponsored Group Life Plan, and the children remain eligible.

Each Unit Insures All Eligible Dependent Children By Age

Optional AD&D Coverage

You can add $40,000 of Accidental Death and Dismemberment (AD&D) to your USBA-sponsored Group Life coverage for $2.00 per month. This optional coverage is available to Members, Spouses and Associate Members. (Children must be age 18-22 to qualify for Associate Membership.)

AD&D Benefit - The full coverage amount--$40,000--is payable for accidental loss of life, the loss of both hands or feet, the sight of both eyes, or any two of the preceding. Half the coverage amount--$20,000--is payable for the loss of one hand or foot or the sight of one eye.

The loss must be the direct result of a covered accident that occurs while coverage is in force and within 90 days of the accident. Loss of a hand or foot means severance at or above the wrist or ankle. Loss of sight means its total and permanent loss. No more than $40,000 will be paid for all losses from any one accident.

AD&D coverage ends on the June 1st following the insured's 66th birthday or earlier if the insured ceases to be insured under a USBA-sponsored Group Life Plan.

Exclusions - AD&D benefits are not provided for losses due to air travel, unless the insured is riding solely as a passenger. Other exclusions include losses due to war; insurrection; riot; terrorist activity; commission of a felony or assault; illegal use of drugs, hallucinogens, etc.; use of alcohol; sickness or disease or its medical or surgical treatment; intentionally self-inflicted injuries; or suicide. AD&D benefits may not be denied due to suicide if insane, unless it can be shown that the insured intended to commit suicide at the time coverage was requested.

Why is it so important that my spouse and I both have life insurance protection?
With too little coverage, your family is likely to suffer financially if either of you dies. You'll still have most of the same expenses for housing, car, food and clothing, etc. And there may be new costs for things such as childcare and housekeeping. That can happen no matter which of you dies. You both need protection.

What makes TWO for ONE so unique?
Previously, in order to get insurance protection for two, you had to buy two life insurance plans. Of course, you also had to pay two premiums. Now, TWO for ONE provides protection for both of you equally for just one low premium.

If buying two plans was necessary in the past, how can USBA offer protection for my spouse and me now with only one low premium?
TWO for ONE is designed to pay only one death benefit, on whomever dies first. However, if both of you die from the same accident, TWO for ONE pays two death benefits. When you review the Monthly Premium Rates, you’ll discover just how affordable the plan is.

Is there an age limit on eligibility for TWO for ONE protection?
Yes. You may apply for coverage if you and your lawful spouse are age 64 and under. Coverage may be continued so long as both you and your spouse are under age 70.

How much coverage is available?
You may choose any amount of coverage, from $50,000 up to a maximum of $400,000, with equal coverage for both lawfully married spouses in increments of $50,000.

My spouse and I are healthy, and we lead rather healthy lifestyles. 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.

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.

Are flight-related deaths covered?
Yes. Benefits are paid at 50% for flight-related deaths for pilots and crew members of military aircraft and for those giving or receiving training on board a military aircraft. After the June 1st following the insured’s 36th birthday, the full coverage amount is payable.

Will I be able to keep TWO for ONE coverage if I leave the military or retire from federal employment?
Yes. You can keep your coverage even after your military or federal employment ends. Furthermore, you won’t be asked to pay higher rates because you retire or separate from military service.