Simplicity... the application is straightforward and easy to complete. No physical examination is usually necessary. Apply for as little as $25,000 and as much as $250,000.

Flexibility... Under USBA's Level Term Life plan, you can get affordable life insurance for many combinations...

• just you
• just your spouse
• you and your spouse
• you and your children
• your spouse and your children
• you, your spouse, and your children

Affordable Coverage... our rates are set up in five year increments. That helps keep the cost lower during the early years, at a time when a family's budget is usually tight. And the cost is as low as $1.50 a month for $25,000 of coverage for a female nonsmoker under age 26.

Conversion Privilege… May allow you to convert your Level Term Life coverage to an individual policy regardless of health-see Certificate for details.

Minimum/Maximum Coverage… Members or spouses may request a minimum of $25,000 of Group Level Term, to a maximum of $250,000, issued in even thousands. The minimum is $5,000 if you're insured under other Group Life Plans through USBA.

Note: The overall maximum coverage amount available to Members or Spouses under all USBA Group Life Plans is $650,000. Spouse or children's coverage amounts may not exceed total amount in force on the life of the Member.

Individual Certificate... This section outlines the principal provisions of the USBA Group Level Term Insurance Plan. Complete details are in the Group Policy G-5393-0 (Policy Form GMR) delivered to USBA at its headquarters in Overland Park, Kansas, by New York Life. Each member receives a certificate which summarizes policy provisions affecting his or her insurance.

Continuation of Coverage… USBA Level Term coverage terminates on June 1st following an insured's 79th birthday. Your coverage may be continued (subject to the age terminations as explained) so long as you pay your premium when due, your USBA Membership is continued, and the Group Policy is not terminated or modified to end your coverage.

Coverage for your dependents continues as long as yours does, so long as they remain eligible. If you die, your insured dependents may continue their coverage provided they remain otherwise eligible and your surviving spouse continues his/her coverage.

No war clause... Unlike some other insurance plans, you are covered even while in combat. (Many other insurance plans have a war clause exclusion).

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.)

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).

$15,000 Emergency Death Benefit...Can pay a spouse beneficiary one-half of the insurance in force, up to $15,000, immediately, just on a phone notification that a member has died, if all qualifications are met.

Living Benefit... An accelerated death benefit that can pay you an amount equal to 50% of the USBA Level Term Life coverage in force.

To request the Living Benefit, you must have at least $50,000 coverage in force, be under age 78, and 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.

NOTE: Living Benefits are 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 and/or attorney before applying for this benefit to determine how this may affect your personal situation.

Beneficiary... You can choose anyone you wish as the beneficiary of your coverage and you may change your beneficiary at any time. You are automatically named the beneficiary for Spouse and Children's Coverage.

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 for a prompt, full refund.

The Company Behind the Plan... You can feel secure knowing that USBA's Level Term Plan is underwritten by New York Life Insurance Company. New York Life has consistently achieved high ratings for its financial strength from these leading independent ratings services: A.M. Best, Moody's, Standard & Poor's and Fitch Ratings.