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

Children’s Coverage is low-cost term insurance designed to protect your eligible children (unmarried children ages 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. Each $25,000 of USBA Group Life 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 children 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 your children remain eligible.

Each Unit Insures All Eligible Children by Age For the Coverage Amount Indicated:

14 days to 6 months $1,000 per child
6 months to 2 years $2,000 per child
2 years to 3 years $4,000 per child
3 years thru 22 years $5,000 per child

Optional Accidental Death and Dismemberment (AD&D) Coverage
Available to Members and Associates at a cost of $2.00 per month, the full coverage amount of $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 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.

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

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