How much is enough when it comes to ensuring that your family will have what it needs to live on and prosper … especially if you’re not there to help? Life insurance is all about making things easier for your loved ones … protecting them from major financial burdens … making sure their future doesn’t suffer. Make sure your policies will pay you what you need, when you need it. That’s why Cedar Point Federal Credit Union has partnered with USBA to bring you solid, affordable life insurance plans.

The USBA family of life insurance plans provides:

• Coverage You Can Keep - USBA plans can be continued upon retirement or if you change jobs. And there’s no increase in premium or decrease in coverage, just because you retire or separate.
• The Company Behind the Plan - Our group life insurance plans are underwritten by New York Life Insurance Co … one of the oldest and largest life insurance companies in America.
• Many Other Benefits and Options - You owe it to yourself and your family to check out the policies and benefits that USBA can offer you. Click on the links below to learn more about our life insurance and other products designed with your unique needs in mind.

Click on the plans to the right, or scroll down this page to learn more about the USBA plan that’s right for you!

Learn more about USBA

Leading Personal and Family Plans:

Long Term 20^SM Year Group Level Term

Smart & Lean 15 Year Group Level Term

Smart Value 10 Year Group Level Term

Double Value TWO for ONE® Family Group Level Term

Life Insurance Needs Estimator!
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Long Term 20SM Year Group Level Term Life Insurance

You’ve made the smart decision to protect your family’s financial future … and we can help you do that with the USBA Long Term 20-Year Group Level Term Life insurance plan. This affordable and unique level term coverage is designed to give you the financial protection you’re looking for at an affordable rate your budget will appreciate.

Apply today! Once approved, rest assured, knowing you are covered for the next 20 years (provided you continue to pay your premiums when due). And although rates are not guaranteed, there will be no decrease in coverage (until coverage terminates at age 75), and premiums are designed to remain level for the lifetime of your coverage. It’s underwritten by New York Life Insurance Company — one of the country’s oldest and most reliable insurance companies.

First 20 Years
The price you pay the first month is designed to remain level … Although rates are not guaranteed, they are expected to remain level for the first 20 years. It’s an affordable monthly price based on your age, sex and smoking status.

Second 20 Years
At the end of your first 20-year term (if you are age 54 or under), you’re guaranteed the right to renew your coverage for an additional 20-year term, as long as premiums are paid and the group policy is still in force. That means no hassles … no medical questions to answer … and no need to re-qualify for coverage. Premiums increase at renewal. (Once you reach the first renewal period following age 54, renewal is on an annual basis.)

Minimum/Maximum Coverage
You decide how much you need … how much you can afford. As a Member or Associate Member, you may request USBA Long Term 20-Year Group Level Term coverage in amounts from $25,000 to $500,000 (in $1,000 increments). NOTE: The overall maximum coverage amount for each Member/Associate Member under all Cedar Point Federal Credit Union/USBA-sponsored Group Life Plans is $650,000.

Preferred Rates
If you’re healthy and lead a healthy lifestyle, you may qualify for our preferred rates at substantial savings over our standard rates. It’s available in coverage amounts from $100,000 to $500,000!

Smart & Lean 15 Year Group Level Term Life Insurance

Life insurance is all about making things easier for your loved ones … protecting them from major financial burdens … making sure their future doesn’t suffer. And USBA Smart & Lean 15 Year Group Level Term plan can provide you with an affordable way to help assure your family’s financial security.

First 15 Years - The price you pay the first month is designed to remain level. Although rates are not guaranteed, they are expected to remain level for the first 15 years. It’s an affordable monthly price based on your age, sex and smoking status.

Second 15 Years - At the end of your first 15-year term, if you’re age 65 or under you’re guaranteed the right to renew your coverage for an additional 15-year term, as long as premiums are paid and the group policy is still in force. That means no hassles … no medical questions to answer … and no need to re-qualify for coverage. Premiums increase at renewal. (Once you reach the first renewal period following age 65, renewal is on an annual basis.)

Minimum/Maximum Coverage - As a Member or Associate Member, you may request Smart & Lean 15 coverage in amounts from $25,000 to $500,000 (in $1,000 increments). NOTE: The overall maximum coverage amount for each Member/Associate Member under all Cedar Point Federal Credit Union/USBA-Sponsored Group Life Plans is $650,000.

What’s Preferred Rating? - If you’re healthy and lead a healthy lifestyle, you may qualify for our preferred rates at substantial savings over our standard rates. And it’s available in coverage amounts from $100,000 to $500,000!

Smart Value 10 Year Group Level Term Life Insurance

Life insurance is all about making sure your family’s financial future doesn’t suffer without you. And the USBA Smart Value 10 Year Level Term plan is specifically designed to provide you with an easy, affordable way to do just that.

First 10 Years
Although rates are not guaranteed, they are expected to remain level for the first 10 years. It’s an affordable monthly price based on your age, sex and smoking status.

Second 10 Years
At the end of your first 10-year term, if you’re age 65 or under you’re guaranteed the right to renew your coverage for an additional 10-year term, as long as premiums are paid, the group policy is still in force and you’re under age 65 at that time. That means no hassles … no medical questions to answer … and no need to re-qualify for coverage. Premiums increase at renewal. (Once you reach the first renewal period following age 65, renewal is on an annual basis.)

Minimum/Maximum Coverage
Coverage available from $25,000 to $500,000 (in $1,000 increments). YOU decide how much you need … how much you can afford. (Note: The overall maximum coverage for each Member/Associate Member is $650,000 under all Cedar Point Federal Credit Union/USBA-Sponsored Group Life Insurance plans.)

Preferred Rates
If you’re healthy and lead a healthy lifestyle, you may qualify for our preferred rates at substantial savings over our standard rates. It’s available in coverage amounts from $100,000 to $500,000!

Family Group Level Term

The USBA Double Value TWO for ONE® Family Group Level Term 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 the USBA Double Value 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!

Since USBA opened its doors in 1959, the non-profit association has successfully provided for the insurance needs of America’s Active Duty Military, Military Retirees, and their families. Over time, their Association has grown and expanded so they now offer the same exceptional insurance products to Honorably Discharged Veterans, Active Reservists, National Guard Personnel, Federal Employees, and their families.

For more than 50 years, USBA has successfully built a reputation for innovative products, solid value, and a continued dedication to first-class customer service. More than 160,000 Americans are currently insured through USBA.