At this price, how can USBA offer the advantages of both Term and Whole Life without the disadvantages of either type of insurance? Generation 3 is blended life coverage. It combines traditional Whole Life insurance and Decreasing Term insurance. As a result, you get a guaranteed death benefit and premiums designed to stay level-—for life. And because of the Decreasing Term portion, you can have this protection at a fraction of the cost of traditional Whole Life coverage.

If Decreasing Term is part of the combination, won’t the amount of protection I have now decrease as I grow older? No. Dividends, as declared, are used to purchase paid-up Whole Life additions. The Term portion of your coverage decreases as paid-up additions accumulate. If no dividend is declared in any plan year, your term portion stays level.

If traditional Whole Life is the other part of the combination, will I accumulate cash value with this plan? Yes. As you keep your coverage, it will begin to accumulate a small cash value. In time, you can even make loans against the cash value of Generation 3, should the need arise.

If rates aren’t guaranteed, can’t USBA increase my premiums when I grow older or if I become an increased risk due to poor health? You can never be singled out for a rate increase. Your premiums can increase only if the entire group’s premiums increase. USBA, since its start in 1959, has never increased premium rates for existing business and has actually lowered premiums several times!

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 USBA or New York Life ever cancel my coverage because of age or poor health? No. Neither USBA nor New York Life can ever cancel your coverage as long as you continue to pay your premiums in a timely manner.

How much coverage is available? You may choose any amount of coverage between $25,000 and $400,000, in $1,000 increments. (Please note: No member may carry more than $650,000 in all USBA coverage combined.)

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: 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.)