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USBA Double Value Two for One Family Group Level Term Life Insurance Plan Family Photo
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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
USBA Double Value Two for One Family Group Level Term Life Insurance

Family Group Level Term

Our USBA Double Value TWO for ONE® Family Group Level Term Life plan has been our most popular life insurance plan almost from the first day we introduced it in 1993. And there’s a good reason for that.

Today’s two-income families have household budgets based on two incomes. Just insuring the primary breadwinner doesn’t truly protect the family as it probably did in our parents’ generation. If either you or your spouse were to die unexpectedly, your family’s lifestyle and future could be in jeopardy if both of you aren’t insured adequately.

But do you really need two insurance policies … and the added expense and hassle of paying two premiums? What you probably need is insurance on the first person to die. Here’s why: The benefits paid on that first life would in many cases take care of “the big three” … your mortgage, car payments, and children’s education. And the surviving spouse would no longer need a coverage amount large enough to cover these major expenses. That’s why we say it’s the first person to die that needs the largest amount of insurance. And obviously no one can predict who will die first.

So here’s the important benefit of USBA Double Value TWO for ONE...It covers both of you for the same amount of coverage, it pays on whoever dies first, but there’s only one premium to pay … not two!

Another Important Benefit – should the two of you die within 15 days of each other as the result of the same accident, the full benefit amount would be paid for each life.

Before you begin the application process, be sure to review the TWO for ONE 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    
Q1. Why is it so important that my spouse and I both have life insurance protection?
A1. With too little coverage, your family is likely to suffer financially if either of you dies. You'll still have most of the same expenses for housing, car, food and clothing, etc. And there may be new costs for things such as childcare and housekeeping. That can happen no matter which of you dies. You both need protection.
Q2. What makes Double Value TWO for ONE so unique?
A2. Previously, in order to get insurance protection for two, you had to buy two life insurance plans. Of course, you also had to pay two premiums. Now, TWO for ONE provides protection for both of you equally for just one low premium.
Q3. If buying two plans was necessary in the past, how can USBA offer protection for my spouse and me now with only one low premium?
A3. TWO for ONE is designed to pay only one death benefit, on whomever dies first. However, if both of you die from the same accident within 15 days of each other, TWO for ONE pays two death benefits. When you review the Monthly Premium Rates, you’ll discover just how affordable the plan is.
Q4. Is there an age limit on eligibility for Double Value TWO for ONE protection?
A4. Yes. You may apply for coverage if you and your lawful spouse are age 64 and under. Coverage may be continued so long as both you and your spouse are under age 70. See the Continuation of Coverage section for details of coverage termination prior to age 70.
Q5. How much coverage is available?
A5. You may choose any amount of coverage, from $50,000 up to a maximum of $400,000, with equal coverage for both lawfully married spouses in increments of $50,000.
Q6. My spouse and I are healthy, and we lead rather healthy lifestyles. Are discounted rates available?
A6. 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).
Q7. Can the amount of my coverage ever be decreased because of age or poor health?
A7. No. Your coverage cannot be decreased just because you get older or your medical condition changes.
Q8. Is it possible to protect my dependent children?
A8. Yes. You can protect all your eligible dependent children with term life coverage for just $1.50 more per unit 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. See the Children’s Term Life plan for more details.
Q9. Will my family be protected in the event of a service-related or combat death?
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.

Area of Armed Conflict Limitation - (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.)

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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