Note: Residents of Washington state must be under age 65 to apply for coverage under this plan.

If you’re age 50 or older and want permanent lifetime coverage with cash value and guarantees, Fifty Plus is recommended for you. You can buy it through age 80 and keep it for the rest of your life. Fifty Plus comes with USBA’s Five Point Guarantee:

• The cost will never go up.
• The coverage amount will never go down.
• You can keep it as long as you choose.
• Your coverage builds cash value on a guaranteed schedule of benefits.
• If you’re not happy with your coverage after you get it, you have a full 30 days to return it for a complete refund.

Once approved, you’ll never have to re-qualify for coverage because this is permanent, not term, insurance. Even if your health changes in the future, you’ll never lose your coverage as long as you pay your premiums on time—it’s GUARANTEED!

If you are age 50 through age 74 and desire coverage amounts from $5,000 to $25,000, you can use our new, simplified application. (You’ll need to use our more detailed standard application if you want more than $25,000 in coverage, or for any coverage amount if you're age 75 through age 80.) Call us at 1-800-368-7021 for more information. Coverage is available in $1,000 increments starting at $5,000.

Guaranteed Features

Level Death Benefit - Your death benefit is guaranteed to remain constant (no benefit decreases) regardless of your age.

Level Premium - Your premium is guaranteed to stay level (no rate increases)… for life.

Cash Value - After the first few years, USBA's Group Whole Life has increasing cash values. If terminated after cash value has accrued, it may be surrendered for its cash value or may be exchanged for an amount of paid-up insurance. The reduced paid-up insurance continues to build a cash surrender value.

Reduced Paid-Up Insurance - This is an amount of life insurance for which you can surrender your Group Whole Life Insurance and on which no further premiums are required. Complete details are in the Certificate.

Loans - Cash loans at current interest rates may be requested through USBA once cash values are available. The death benefit will be reduced by the amount of any unpaid loan, plus any interest to date. If the interest isn't paid at the end of each calendar year, it is applied to the loan balance. If the loan plus interest exceeds the cash value, the insurance will terminate. Complete details are in the Certificate.

Additional Features

Coverage Amount - If you are age 50 through age 74 and desire coverage amounts from $5,000 to $25,000, you can use our new, simplified application. (You'll need to use our more detailed standard application if you want more than $25,000 in coverage, or for any coverage amount if you're age 75 through age 80.) Call us at 1-800-368-7021 for more information. Coverage is available in units of $1,000 from a minimum of $5,000 to a maximum of $400,000. The overall coverage maximum under all USBA Group Life Plans is $650,000 for each Member or Associate Member.

Premiums are based upon the Member's/Associate Member's age, sex and smoking status. Nonsmoker must not have smoked in the last 24 months. Call USBA at 1-800-368-7021 for premium rates for coverage amounts not shown on tables.

Individual Certificate - This section outlines the principal provisions of the USBA Group Whole Life Plan. Complete details are in the Group Policy G-10648 (Policy Form GMR) delivered to USBA at its headquarters in Overland Park, Kansas, by New York Life. Each insured Member and/or Associate Member receives a Certificate of Insurance which summarizes the policy provisions for his or her coverage.

Lifetime Coverage - Neither New York Life nor USBA has the right to cancel the plan. The only way coverage can be terminated is if premiums are not paid.

No War Clause - Unlike many other life insurance plans, this plan will pay your 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).

Military Flyers - USBA Group Whole Life insures pilots and crew members with no reduction in the death benefit. $10,000 Emergency Death Benefit - If your spouse is the beneficiary of your policy (and all other qualifications have been met), an emergency payment of 50% of the proceeds, up to $10,000, may be paid on phone notification of your death.

Beneficiary - You may choose anyone you wish as the beneficiary of your Fifty Plus Group Whole Life coverage and you may change your beneficiary at any time.

Coverage you can keep - USBA's Fifty Plus Plan may be continued after retirement or military separation. Veterans and Federal employees also qualify for USBA coverage.

30-Day Unconditional Promise - Once your application has been approved, you'll be issued a Certificate of Coverage... and if you're not completely satisfied with the provisions of your coverage, you can return it within 30 days for a prompt and full 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.

Effective Date of Insurance - All coverage is subject to underwriting approval by New York Life. Approved coverage will take effect on the approval date specified by New York Life, provided the premium has been paid. You and your age 50+ Spouse (Associate Member), if also applying for coverage, must be performing your normal activities on the date of approval. Payment of premium does not mean coverage is in force before the effective date specified by New York Life.

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.

How can USBA’s Fifty Plus plan help mature adults with their special life insurance needs?
Older adults have often finished raising their families and have paid off their mortgages. As a result, they probably don’t need as much coverage as younger families. And, many do want guarantees that their coverage will be there for their families when it’s needed, regardless of how long they live.

Fifty Plus offers these guarantees: The coverage amount will never go down. The price will never go up. You can keep it as long as you live, provided premiums are paid on time. And your coverage will develop cash value at a guaranteed rate.

Is there an age limit on eligibility for USBA Fifty Plus protection?
Yes. Insurance is available to USBA Members and Associate Members age 80 and under and can continue as long as you live provided you pay your premium contribution when due and the Group Policy remains in force.

Can my spouse get separate Fifty Plus coverage?
Yes. A Member’s spouse age 80 and under can get his or her own Fifty Plus coverage as an Associate Member of USBA.

If the Fifty Plus plan develops cash value, what can I do with that?
You have several options once your plan has cash value. You can surrender your plan for its cash value at any time. You can also exchange your cash value for a smaller amount of paid-up life insurance which won’t require any further premium payments in the future. Or you can request a loan at current interest rates.

If you request a loan, the death benefit will be reduced by the amount of any unpaid loan, plus any interest-to-date. If the interest isn’t paid at the end of each calendar year, it is applied to the loan balance. If the loan plus interest exceeds the cash value, your insurance will terminate.

Are premiums higher or levels of protection less if I’m a military or commercial flyer?
No. You’ll receive the same level of coverage at the same low cost as non-flyers. You won’t have to buy additional riders or accept a reduced death benefit.

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.

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.