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30-Day Unconditional Promise:
Upon approval of your Application, you’ll be
issued a Certificate of Insurance. If you are
not completely satisfied with the provisions
of your Certificate, you can return it within 30
days, without claim, for a prompt, full refund. Important
Plan Information |
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Introduction |
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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.
Your affordable monthly premium is dependent on your age, sex and smoking status
when you start the plan. But your starting premium, although not guaranteed, is expected to remain level for a full 15 years!* And so will your coverage amount.
Since no two families’ needs are the same, flexibility is key. The USBA
Smart & Lean 15 Plan offers you a full range of coverage … from as low as $25,000 to a maximum of $500,000. You decide the
amount that best suits your family’s financial needs. You’ll be
glad to know the USBA Smart & Lean 15 Plan is also available
to your spouse and eligible children ages 18-22 as Associate Members.
*See Monthly Premium Rates for details.
Before you begin the application process, be sure to review the Smart & Lean 15 Plan Features, Options, FAQs and Rates.
You can complete your application online or print an application and complete it at your convenience. Plus, when you
choose to apply online, we’ll ask you to decide if you want to:
- Submit Electronically
- Print and Mail
(After completing the application, you can print
it, sign it and mail it to us with a check for
the required premium amount. If we cannot issue
a policy for any reason, we will refund the amount
you paid in full.) |
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| APPLY NOW! |
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Continue My Application |
Already started your app?
Click below to finish! |
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Download Application |
| Want to download the app to share, or hold in your hands? Click below... |
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Faqs |
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Q1. |
What are the advantages of Smart & Lean 15 coverage for protecting my family? |
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A1. |
USBA’s Smart & Lean 15 combines the benefits of affordable term coverage with rates that, although not guaranteed, are expected to remain level for a full 15 years. This can be especially helpful during the years when you may be raising a family and/or paying on a mortgage. | |
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Q2. |
Can I continue my coverage after the 15-year term is over? |
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A2. |
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. | |
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Q3. |
Is there an age limit on eligibility for Smart & Lean 15 protection? |
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A3. |
Yes. Insurance is available to USBA Members age 64 and under (age 59 and under in New York) and can continue through age 84 (age 79 for New York members) provided you pay your premium contribution when due and the Group Policy remains in force. | |
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Q4. |
If I should be diagnosed with a terminal illness, can USBA Smart & Lean 15 help my family while I’m still alive? |
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A4. |
Yes. USBA’s Living Benefit can pay you an amount equal to 50% of the USBA Smart & Lean 15 coverage in force while you’re still alive.
To qualify, you must have at least $50,000 coverage in force, be under age 84 (age 79 for N.Y. residents), and must be diagnosed with a terminal condition which results in an expected life span of 12 months or less (24 months or less for Illinois residents). 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. Please note that receipt of accelerated benefits may affect your eligibility for public assistance programs. You may wish to consult a financial advisor or
attorney before applying for this benefit to determine how this may affect your personal situation. | |
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Q5. |
I'm healthy, and I lead a rather healthy lifestyle. Are special rates available? |
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A5. |
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 use nicotine in any form, including nicotine patches or gum, 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). | |
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Q6. |
Can the amount of my coverage ever be decreased because of age or poor health? |
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A6. |
No. The coverage amount you choose will remain the same regardless of your age or health. | |
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Q7. |
Is it possible to protect my dependent children? |
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A7. |
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. Adopted/foster/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. | |
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Q8. |
Can I get separate Smart & Lean 15 coverage for my spouse and young adult dependents? |
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A8. |
Yes. A Member’s lawful spouse, age 64 and under, and unmarried eligible children, ages 18-22, may obtain their own Smart & Lean 15 coverage as Associate Members of USBA. | |
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Q9. |
Will my family be protected in the event of a service-related or combat death? |
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A9. |
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.)
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Q10. |
Will I be able to keep my Smart & Lean 15 coverage if I leave the military or retire from federal employment? |
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A10. |
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.
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Q11. |
How much coverage is available? |
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A11. |
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 available to each Member/Associate Member under all USBA-sponsored Group Life Plans is $650,000.
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Still have questions?
Call our trained service representatives at (877) 297-9235 between 8:00am and 4:30pm (CST), Monday through Friday and they’ll be happy to help you!
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USBA Group Life Insurance plans are underwritten by New York Life Insurance Company
