USBA's Level Term Life plan is simple, flexible and affordable.... a great way to protect your family's financial future. The rate you'll pay is based on your age, your sex, and whether or not you smoke. Your rate is designed to stay the same until June 1st after you've entered a new age group. See Monthly Premium Rates for complete rate details and to find the table that applies to you. Your coverage can be continued until your 79th birthday, as long as premiums are paid on time.

You'll probably find it hard to believe the large amount of life insurance you can get from USBA for so little money. But don't buy for price alone; look at all the benefits and features of our plan.

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).

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).

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 the 1 June following attainment of age 36, one-half benefits are payable. Full life insurance benefits are payable for other causes of death.

$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.

Optional Children's Term Life Coverage

USBA Children's Coverage is low-cost term insurance designed to protect your eligible children (unmarried children age 14 days through 22 years) who are not eligible for USBA Membership. 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.

Each $50,000 of USBA TWO for ONE coverage which you request allows you to apply for one unit of Children's Coverage. The maximum is four units.*

The monthly premium is just $1.50 per unit--and each unit covers all of your eligible children. In other words, the number of units determines only the amount of insurance on each child--not the number of children insured. And, the older your kids get, the more protection USBA Children's Coverage provides.

Children's coverage can continue as long as premiums are paid when due, you continue to be insured under a USBA-sponsored Group Life Plan, and the children remain eligible.

Each Unit Insures All Eligible Dependent Children By Age

Optional AD&D Coverage

You can add $40,000 of Accidental Death and Dismemberment (AD&D) to your USBA-sponsored Group Life coverage for $2.00 per month. This optional coverage is available to Members, Spouses and Associate Members. (Children must be age 18-22 to qualify for Associate Membership.)

AD&D Benefit - The full coverage amount--$40,000--is payable for accidental loss of life, the loss of both hands or feet, the sight of both eyes, or any two of the preceding. Half the coverage amount--$20,000--is payable for the loss of one hand or foot or the sight of one eye.

The loss must be the direct result of a covered accident that occurs while coverage is in force and within 90 days of the accident. Loss of a hand or foot means severance at or above the wrist or ankle. Loss of sight means its total and permanent loss. No more than $40,000 will be paid for all losses from any one accident.

AD&D coverage ends on the June 1st following the insured's 66th birthday or earlier if the insured ceases to be insured under a USBA-sponsored Group Life Plan.

Exclusions - AD&D benefits are not provided for losses due to air travel, unless the insured is riding solely as a passenger. Other exclusions include losses due to war; insurrection; riot; terrorist activity; commission of a felony or assault; illegal use of drugs, hallucinogens, etc.; use of alcohol; sickness or disease or its medical or surgical treatment; intentionally self-inflicted injuries; or suicide. AD&D benefits may not be denied due to suicide if insane, unless it can be shown that the insured intended to commit suicide at the time coverage was requested.

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 through age 79 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.

Are flight-related deaths covered?
Yes. 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.

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.

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.