USBA 15 Year Group Level Term Military Life Insurance Policy

Can I continue my coverage after the 15-year term is over?

Yes. You’re guaranteed the right to renew your coverage provided premiums are paid and the Group Policy is still in force. Annual renewal term and premium rates are available on request. Contact a USBA Product Specialist at 877-297-9235 M—F 9am to 4pm Central time.

Is there an age limit on eligibility for USBA 15 Year Group Level Term?

Yes. This insurance is available to those age 64 and younger (59 and younger in New York) and can continue through age 84 (age 79 for New York Members) provided premiums are paid when due and the Group Policy remains in force. Please review the Policy Details for more information , or call a USBA Product Specialist at 877-297-9235 M—F 9am to 4pm Central time.

If I should be diagnosed with a terminal illness, can USBA 15 Year Group Level Term help my family while I’m still alive?

Yes, USBA’s Terminal Illness Payment benefit can pay you 50% of your coverage in force while you’re still living.

To qualify, you must have at least $50,000 of coverage in force, be under age 84 (under age 79 in New York), and show documentation of a diagnosis that results in an expected life span of 12 months or less (24 months or less for Illinois residents).

The amount of insurance payable at death will be reduced by the accelerated payment plus any premiums deferred as a result of the accelerated payment. Receipt of accelerated benefits may affect your eligibility for public assistance programs. Consider consulting a financial advisor or attorney before you apply for this benefit to determine how it could affect your personal situation.

Are discounted rates available if I’m healthy and lead a healthy lifestyle?

Yes. Healthy people with healthy lifestyles may receive a discount. Lower Preferred Rates are available to qualified USBA insureds, starting at $100,000 of coverage. Please review the Policy Details for more information , or call a USBA Product Specialist at 877-297-9235 M—F 9am to 4pm Central time.

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 insure my children?

Yes. You have two options to insure your children. USBA’s Children’s Group Whole Life starting at $1.60* per month. See the Children’s Group Whole Life policy for more details . Or you can insure all of your eligible dependent children (unmarried children ages 14 days through 25 years) who are not eligible for USBA Membership with term life coverage for just $1.50 per unit per month. See the Children’s Group Term Life policy for more details , or call a USBA Product Specialist at 877-297-9235 M—F 9am to 4pm Central time.

^*Monthly rate: $5,000 guaranteed lifetime coverage for 1 year old dependent child female.

Can I request 15 Year Group Level Term for my spouse and young adult children?

Yes. A Member’s lawful spouse, age 64 and younger, and unmarried eligible children, ages 18-25, may apply for their own 15 Year Group Level Term coverage as Associate Members of USBA. Find out more in the Policy Details or call a USBA Product Specialist at 877-297-9235 M—F 9am to 4pm Central time.

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, the same as 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 Policies will be limited to $100,000. (Note: Please contact a USBA Product Specialist at 877-297-9235 M—F 9am to 4pm Central time for a listing of the geographic areas currently designated as an “Area of Armed Conflict.” See your Certificate of Insurance for further details.)

Will I be able to keep my USBA 15 Year Group Level Term coverage if I retire from or leave the military or federal employment?

Yes. Provided you keep paying your premium and coverage is in force, you can keep your coverage even after your military or federal employment ends. You won’t be asked to pay higher rates because you retire or separate from military or federal service.

How much coverage is available?

You may request USBA 15 Year Group Level Term coverage in amounts from $25,000 to $750,000 (in $1,000 increments).

Note: The overall maximum coverage for each Member/Associate Member is $750,000 under all USBA-sponsored Group Life Insurance policies.

What is QuickDecision^SM?

QuickDecision is New York Life’s proprietary medical underwriting process designed to help deliver a faster decision (often instantly or within just a few days) on your insurance application so you can be covered sooner—with no medical exam for many applicants. Using online health questions and secure data sources such as prescription, medical claims history and Medical Information Bureau (MIB), QuickDecision provides faster, accurate decisions in a convenient, time-efficient way compared to standard medical underwriting.

Not all applicants will be approved. In some cases, additional review, documents or a medical exam may be required. QuickDecision may not be available in all states and territories and is not available in Canada.

Who is eligible for QuickDecision^SM?

QuickDecision is available to eligible USBA Members age 49 and younger who apply for 5-Year Group Level Term Insurance requesting up to $250,000 in coverage or those age 60 and younger who apply for 10, 15, and 20-Year Group Level Term Insurance coverage requesting up to $750,000 in coverage. If you are not eligible for QuickDecision, your application will proceed through standard underwriting.

Disclosure: QuickDecision uses answers to online health questions and securely accessed data which may include prescription, motor vehicle, and medical claims data. An approval decision is conditional upon your group status, coverage limits, and other factors. A referral decision may be given and may require a medical exam. Some applicants may be declined coverage. QuickDecision is not available for all products or in all states and territories.

Our Most Popular Term Life Insurance Policy

15 Year Group Level Term Life Insurance

Now Featuring QuickDecision^SM—Get Your Application Decision in Minutes

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