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Military Life Insurance, TRICARE, CHAMPVA
Supplements for Armed Forces & Services:
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Veterans, Retired Military, Reserve &
National Guard, Federal Employees
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USBA Life-Time Value Group Whole 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 Life-Time Value Group Whole Life Insurance Plan

USBA Life-Time Value Group Whole Life

If you want permanent lifetime coverage with guaranteed rates, guaranteed benefits, and a guaranteed schedule of cash value, USBA Life-Time Value Group Whole Life Plan is recommended for you. You can buy it through age 69 and keep it for the rest of your life. USBA’s Group Whole Life comes with USBA’s Five Point Guarantee*:

  • The cost will never go up.
  • The coverage amount will never go down.
  • You can keep it as long as you choose.
  • Your coverage builds cash value on a guaranteed schedule of benefits.
  • If you’re not happy with your coverage after you get it, you have a full 30 days to return it for a complete refund.

Once approved, you’ll never have to re-qualify for coverage because this is permanent, not term, insurance. Even if your health changes in the future, you’ll never lose your coverage as long as you pay your premiums on time — it’s GUARANTEED!

Note: Residents of Washington state must be under age 65 to apply for coverage under this plan.

*See Monthly Premium Rates for details.

Before you begin the application process, be sure to review the Whole Life 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. Is there an age limit on eligibility for USBA Life-Time Value Group Whole Life protection?
A1. Yes. Insurance is available to USBA Members and Associate Members age 69 (65 in Washington State) and under and continues as long as you live provided you pay your premium contribution when due.
Q2. Can my spouse get separate Group Whole Life coverage?
A2. Yes. A Member’s spouse age 69 (65 in Washington State) and under can get his or her own Group Whole Life coverage as an Associate Member of USBA.
Q3. If the Group Whole Life plan develops cash value, what can I do with that?
A3. You have several options once your plan has cash value. You can surrender your plan for its cash value at any time. You can exchange your cash value for a smaller amount of paid-up life insurance which won’t require any further premium payments in the future. Or you can request a loan at current interest rates.

If you request a loan, the death benefit will be reduced by the amount of any unpaid loan, plus any interest-to-date. If the interest isn’t paid at the end of each calendar year, it is applied to the loan balance. If the loan plus interest exceeds the cash value, your insurance will terminate.
Q4. Are premiums higher or levels of protection less if I’m a military or commercial flyer?
A4. No. You’ll receive the same level coverage at the same low cost as non-flyers. You won’t have to buy additional riders or accept a reduced death benefit.
Q5. Can the amount of my coverage ever be decreased because of age or poor health?
A5. No. The coverage amount you choose will remain the same regardless of your age or health.
Q6. Will my family be protected in the event of a service or combat-related death?
A6. Yes. Service and combat-related 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.)
Q7. How much coverage is available?
A7. You may request USBA Group Whole Life coverage in amounts from $5,000 to $750,000, in $1,000 increments. Note: The overall maximum coverage amount available to each Member/Associate Member under all USBA-sponsored Group Life Plans is $750,000.

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!

*All guarantees are backed by the claims-paying ability of the issuer.

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