How can USBA Level Term coverage help my family? USBA’s Level Term is our lowest-priced coverage at younger ages. It provides pure life insurance protection with no savings element. The USBA Level Term Plan gives you coverage at a fixed level as long as the policy remains in force. The premium increases periodically as you get older, and coverage stops on June 1st following the insured’s 79th birthday.

Is there an age limit on eligibility for USBA Level Term protection? Yes. Insurance is available to USBA Members age 64 and under and can continue until June 1st following the insured’s 79th birthday provided you pay your premium contribution when due and the Group Policy remains in force.

If I should be diagnosed with a terminal illness, can USBA Level Term help my family while I’m still alive? Yes. USBA’s Living Benefit can pay you an amount equal to 50% of the USBA Level Term Life coverage in force while you’re still alive. To request the Living Benefit, you must have at least $50,000 coverage in force, cannot have reached June 1st following age 78, and must be diagnosed with a terminal condition which results in an expected life span of 12 months or less. 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.

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 with term life coverage? Yes. You can protect all your eligible dependent children 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.

Can I get separate USBA Level Term coverage for my spouse? Yes. A Member’s lawful spouse, age 64 and under, may obtain his or her own Level Term coverage as an Associate Member of USBA.

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. 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.)

Will I be able to keep my Level Term 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.

How much coverage is available? You may request USBA Level Term Life coverage in amounts from $25,000 to $250,000 (in $1,000 increments). The minimum is $5,000 if you’re also insured under other Group Life Plans through USBA. Note: The overall maximum coverage amount available to each Member/Associate Member under all USBA-sponsored Group Life Plans is $650,000.