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USBA Wise Choice Generation 3 Group Blended Insurance Plan Family Photo
 
     
 
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USBA Wise Choice Generation 3 Group Blended Insurance logo

Wise Choice Generation 3

USBA Wise Choice Generation 3℠ Group Blended  … a whole new way to look at life insurance.

Note: This plan is not currently available in New York.

First there was term life insurance, then came whole life. Now there’s Generation 3 … combining the best of both term and whole life insurance. Generation 3 is a combination policy blending whole life, decreasing term, and paid-up additional insurance. It gives you level coverage (the benefit amount doesn’t decrease), with premiums designed to remain level for life!

How the Generation 3 Plan Works: You choose the amount of coverage that best meets your needs … from $25,000 to $400,000. Coverage is issued in $1,000 increments. Generation 3 offers you the best of both worlds - the lower premiums of a term policy and the security of a whole life plan. The exact combination of whole life coverage and decreasing term protection is based on your age on the date insurance becomes effective. Typically, the coverage begins with 6% whole life coverage and 94% decreasing term coverage.

Premiums are also based on your attained age at entry into the plan and are expected to remain level as long as your coverage stays in effect. You cannot be singled out for a rate increase; your premiums may be increased only if they are increased for all insureds under the Group Policy.

Once issued, your total coverage amount remains level so long as your premiums are paid. Dividends as may be declared are used to purchase paid-up Whole Life additions. The Term portion of your coverage decreases as these Whole Life additions accumulate. Should no dividend emerge in any plan year, the amount of decreasing term coverage remains the same.

Check around and compare the cost. Right now, our Generation 3 plan can give you the advantages of permanent lifetime protection at a fraction of the cost of a traditional whole life policy. And later, when you’re older, the cost can be substantially less than term coverage.

*See Monthly Premium Rates for details.

Before you begin the application process, be sure to review the Generation 3 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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Plan Details    
Rates

Current Monthly Premium Rates

PLEASE NOTE: Coverage is available in increments of $1,000 from a minimum of $25,000 to a maximum of $400,000. The overall coverage maximum under all USBA Group Life Plans is $650,000 for each insured.

Rates are based on the insured’s smoking status or tobacco-use, sex, and attained age at issue. To qualify for Non-Tobacco rates, you must not have used tobacco or nicotine in any form, including nicotine patches or gum, in the last 24 months. Although premiums are not guaranteed, it is anticipated that they will remain level. Benefits may be changed by agreement between New York Life and USBA. Only current rates are shown. Rates are not guaranteed and are subject to change by New York Life. The Policy can be changed at any time by written agreement between New York Life and the Policyholder (USBA), and without the consent of any other person. Any benefit or premium changes would be made on a group basis.

Call USBA direct at (877) 297-9235 for premium rates for coverage amounts not shown.

Montana Residents: Male rates apply to all Montana residents regardless of sex.

USBA Wise Choice Generation 3℠ Group Blended :

Male Non-Tobacco User Rates
Female Non-Tobacco User Rates
Male Tobacco User Rates
Female Tobacco User Rates

Male Non-Tobacco User Standard Rates for USBA Generation 3 Group Blended

These are the current Generation 3 new policy premiums. Rates are monthly and are based upon your age, sex, and smoking status or tobacco-use. Contact a USBA Product Specialist at (877) 297-9235 to obtain rates for coverage amounts not shown.


Female Non-Tobacco User Standard Rates for USBA Generation 3 Group Blended

These are the current Generation 3 new policy premiums. Rates are monthly and are based upon your age, sex, and smoking status or tobacco-use. Contact a USBA Product Specialist at (877) 297-9235 to obtain rates for coverage amounts not shown.


Male Tobacco User Standard Rates for USBA Generation 3 Group Blended

These are the current Generation 3 new policy premiums. Rates are monthly and are based upon your age, sex, and smoking status or tobacco-use. Contact a USBA Product Specialist at (877) 297-9235 to obtain rates for coverage amounts not shown.


Female Tobacco User Standard Rates for USBA Generation 3 Group Blended

These are the current Generation 3 new policy premiums. Rates are monthly and are based upon your age, sex, and smoking status or tobacco-use. Contact a USBA Product Specialist at (877) 297-9235 to obtain rates for coverage amounts not shown.

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