Senior Group Whole Life Insurance

Yes. This insurance is available to those ages 72 through 80 (not available in the state of Washington) and continues as long as you live, provided premiums are paid when due.

Yes. A Member’s spouse, ages 72 through 80, can request Senior Group Whole Life Insurance as an Associate Member of USBA.

While Senior Group Whole Life Insurance accrues cash value, it cannot be surrendered for the accumulated cash value. Instead, any accrued cash value may be used to purchase paid-up life insurance. This conversion reduces the face amount and eliminates the need for any additional premium payments. Complete details can be found in your Certificate of Insurance.

No. You’ll receive the same level coverage at the same cost as non-flyers. You won’t have to buy additional riders or accept a reduced death benefit.

No. The coverage amount you choose will remain the same regardless of your age or health.

You may request USBA Senior Group Whole Life coverage in amounts from $1,000 to $50,000, in $1,000 increments. Note: For individuals interested in obtaining insurance without undergoing medical underwriting, a guaranteed issue maximum of $25,000 is available. For those willing to undergo underwriting to potentially increase their coverage, a maximum of $50,000 can be obtained. This allows individuals to choose a coverage level that best meets their needs, with the option to access higher coverage amounts through the underwriting process.