How can USBA’s Fifty Plus plan help mature adults with their special life insurance needs? Older adults have often finished raising their families and have paid off their mortgages. As a result, they probably don’t need as much coverage as younger families. And, many do want guarantees that their coverage will be there for their families when it’s needed, regardless of how long they live. Fifty Plus offers these guarantees: The coverage amount will never go down. The price will never go up. You can keep it as long as you live, provided premiums are paid on time. And your coverage will develop cash value at a guaranteed rate.

Is there an age limit on eligibility for USBA Fifty Plus protection? Yes. Insurance is available to USBA Members and Associate Members age 80 and under and can continue as long as you live provided you pay your premium contribution when due and the Group Policy remains in force.

Can my spouse get separate Fifty Plus coverage? Yes. A Member’s spouse age 80 and under can get his or her own Fifty Plus coverage as an Associate Member of USBA.

If the Fifty Plus plan develops cash value, what can I do with that? You have several options once your plan has cash value. You can surrender your plan for its cash value at any time. You can also 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.

Are premiums higher or levels of protection less if I’m a military or commercial flyer? No. You’ll receive the same level of coverage at the same low cost as non-flyers. You won’t have to buy additional riders or accept a reduced death benefit.

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.

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. Limitations: 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 age 36, one-half benefits are payable. Full life insurance benefits are payable for other causes of death. (Military flyers are not eligible for Preferred Rates.) Area of Armed Conflict  (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.)