National Guard State Sponsored Life Insurance  
 
Plan Details
Features
Options
FAQs
Plan Rates
 
Information
Download Application
NY Resident Application
(for New York residents only!)
Contact
Militia Administrative Services
 SSLI Administrator
Militia Administrative Services, Inc.
48 Main Street
Sturbridge, MA 01566
TOLL FREE: 1-800-633-8333

Lean 15

USBA Smart & Lean 15 Year Group Level Term Plan

Introduction

Life insurance is all about making things easier for your loved ones ... protecting them from major financial burdens … making sure their future doesn’t suffer. And USBA Smart & Lean 15 Year Group Level Term plan can provide you with an affordable way to help assure your family’s financial security.

Your affordable monthly premium is dependent on your age, sex and smoking status when you start the plan. But your starting premium, although not guaranteed, is expected to remain level for a full 15 years!* And so will your coverage amount.

Since no two families’ needs are the same, flexibility is key. The USBA Smart & Lean 15 Plan offers you a full range of coverage … from as low as $25,000 to a maximum of $500,000. You decide the amount that best suits your family’s financial needs. You’ll be glad to know the USBA Smart & Lean 15 Plan is also available to your spouse and eligible children ages 18-22 as Associate Members.

*See Monthly Premium Rates for details.

 

Plan Details


FEATURES


First 15 Years – The price you pay the first month is designed to remain level. Although rates are not guaranteed, they are expected to remain level for the first 15 years. It’s an affordable monthly price based on your age, sex and smoking status.

Second 15 Years – At the end of your first 15-year term (if you’re age 65 or under), you’re guaranteed the right to renew your coverage for an additional 15-year term, as long as premiums are paid and the group policy is still in force. That means no hassles … no medical questions to answer … and no need to re-qualify for coverage. Premiums increase at renewal. (Once you reach the first renewal period following age 65, renewal is on an annual basis.) See Renewal Terms & Premiums for further details. See Renewal Terms & Premiums for further details.

Mimimum/Maximum Coverage – As a Member or Associate Member, you may request Smart & Lean 15 coverage in amounts from $25,000 to $500,000 (in $1,000 increments). NOTE: The overall maximum coverage amount for each Member/Associate Member under all USBA-sponsored Group Life Plans is $650,000.
 

Lean 15

What's Preferred Rating? – If you’re healthy and lead a healthy lifestyle, you may qualify for our preferred rates at substantial savings over our standard rates. And it’s available in coverage amounts from $100,000 to $500,000!

Preferred rates are not available for individuals who use nicotine in any form, including nicotine patches or gum, who have high-risk hobbies like sky-diving or scuba-diving, or who are employed in certain high-risk occupations such as pilots and crew members.

Remember, even if you can’t qualify for preferred rates, you may still be eligible for our affordable standard rates. Either way, you can get quality life insurance coverage at a very affordable price!

30-Day Unconditional Promise – Once your application has been approved, you’ll be issued a Certificate of Coverage … and if you’re not completely satisfied with the provisions of your coverage, you can return it within 30 days, without claim, for a prompt and full refund. No questions asked!

$15,000 Emergency Death Payment – Your spouse beneficiary may qualify for an immediate emergency payment of up to $15,000 on telephone notification of your death. This benefit is very helpful and greatly appreciated at a very difficult time. Some restrictions may apply - contact USBA for details.

Living Benefit – An accelerated death benefit that can pay you an amount equal to 50% of your coverage force, while you’re living.

To qualify, you must have at least $50,000 coverage in force, be under age 84, (age 79 for N.Y. residents), and be diagnosed with a terminal condition which results in an expected life span of 12 months or less (24 months or less for Illinois residents). Diagnosis and evaluation of the limited life expectancy must be provided to New York Life.

NOTE: Living Benefits are not available in Massachusetts.

The amount of insurance payable at death will be reduced by the Living Benefit paid and any premiums deferred as a result of payment of the Living Benefit. Please note that receipt of accelerated benefits may affect your eligibility for public assistance programs. You may wish to consult a financial advisor or attorney before applying for this benefit to determine how this may affect your personal situation.

No War Exclusion – Unlike many other life insurance plans, this plan will pay benefits for a combat-related death.

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.)

POW/MIA Protection – If the D.O.D. lists you as Missing In Action or as a Prisoner of War, USBA will pay 100% of your premium for your USBA group life insurance in effect at that time (and continue paying either until you’re no longer a POW/MIA or until your coverage would otherwise end).

Conversion Privilege – May allow you to convert your Smart & Lean 15 coverage to an individual New York Life policy regardless of health - see Certificate for details.

Beneficiary – You may choose anyone you wish as the beneficiary of your Smart & Lean 15 coverage and you may change your beneficiary at any time.

Coverage You Can Keep – USBA’s Smart & Lean 15 Plan may be continued after retirement or military separation. And there’s no increase in premium or decrease in coverage, just because you retire or separate. Veterans and Federal employees also qualify for USBA coverage. See Renewal Terms and Premium Rates section for details on termination and rate changes.

Individual Certificate – This section outlines the principal provisions of the USBA 15-Year Group Level Term Life Insurance Plan, (Smart & Lean 15 Plan). Complete details are in the Group Policies G-11008-0 and G-5393-0 (Policy Form GMR) issued to USBA by New York Life. Each insured Member/Associate Member will receive a certificate which summarizes policy provisions affecting his or her insurance.

Renewal Terms & Premium Rates – All coverage is provided under a group term life insurance policy. It provides level death benefits for 15 years. Coverage will continue until your 85th birthday (80th birthday for New York residents) provided you pay your premium when due and the Group Policy remains in force. Your Coverage will continue to be underwritten by New York Life provided USBA continues to exclusively endorse this program and pays the premium when due.

Premiums, although not guaranteed, are expected to remain level for your 15-year term. After each 15-year period, if you are age 65 or under (under age 60 for N.Y. residents), you are guaranteed the option to renew for another 15-year term, regardless of your health. Premiums increase at renewal and are not guaranteed.

Once you reach the first renewal period following age 65 (following age 59 for New York residents), renewal is on an annual basis with premium increases each year.

The Company Behind the Plan – This plan is underwritten by New York Life Insurance Company … one of the oldest, largest life insurance companies in America.
 


 
 
OPTIONS

Optional Children's Term Life Coverage – USBA Children’s Coverage is low-cost term insurance designed to protect your eligible children (unmarried children age 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 kids 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 the children remain eligible.

Each Unit Insures All Eligible Dependent Children By Age

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 AD&D Coverage
You can add $40,000 of Accidental Death and Dismemberment (AD&D) to your USBA-sponsored Group Life coverage for $2.00 per month. This optional coverage is available to Members, Spouses and Associate Members. (Children must be age 18-22 to qualify for Associate Membership.)

AD&D Benefit – The full coverage amount—$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.


 
 
 FAQ

Q1. What are the advantages of Smart & Lean 15 coverage for protecting my family?
A1. USBA’s Smart & Lean 15 combines the benefits of affordable term coverage with rates that, although not guaranteed, are expected to remain level for a full 15 years. This can be especially helpful during the years when you may be raising a family and/or paying on a mortgage.
Q2. Can I continue my coverage after the 15-year term is over?
A2. Yes. You’re guaranteed the right to renew your coverage as long as premiums are paid and the Group Policy is still in force. Renewal terms and premium rates are available on request. See Renewal Terms & Premiums for details.
Q3. Is there an age limit on eligibility for Smart & Lean 15 protection?
A3. Yes. Insurance is available to USBA Members age 64 and under (age 59 and under in New York) and can continue through age 84 (age 79 for New York members) provided you pay your premium contribution when due and the Group Policy remains in force.
Q4. If I should be diagnosed with a terminal illness, can USBA Smart & Lean 15 help my family while I’m still alive?
A4. Yes. USBA’s Living Benefit can pay you an amount equal to 50% of the USBA Smart & Lean 15 coverage in force while you’re still alive.

To qualify, you must have at least $50,000 coverage in force, be under age 84 (age 79 for N.Y. residents), and must be diagnosed with a terminal condition which results in an expected life span of 12 months or less (24 months or less for Illinois residents). Diagnosis and evaluation of the limited life expectancy must be provided to New York Life. The Living Benefit is not available in Massachusetts.

The amount of insurance payable at death will be reduced by the Living Benefit paid and any premiums deferred as a result of payment of the Living Benefit. Please note that receipt of accelerated benefits may affect your eligibility for public assistance programs. You may wish to consult a financial advisor or attorney before applying for this benefit to determine how this may affect your personal situation.
Q5. I'm healthy, and I lead a rather healthy lifestyle. Are special rates available?
A5. Yes. Healthy people with healthy lifestyles may receive a special discount. Lower Preferred Rates are available to qualified USBA insureds, starting at $100,000 coverage. Please review the Monthly Premium Rates to see just how much these savings can be. Preferred rates are not available for individuals who use nicotine in any form, including nicotine patches or gum, who have high-risk hobbies (such as scuba-diving or sky-diving), or who are employed in certain occupations (such as pilots and aircraft crew members).
Q6. Can the amount of my coverage ever be decreased because of age or poor health?
A6. No. The coverage amount you choose will remain the same regardless of your age or health.
Q7. Is it possible to protect my dependent children?
A7. Yes. You can protect all your eligible dependent children with term life coverage for just $1.50 more per month. Eligible dependent children are those, age 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.
Q8. Can I get separate Smart & Lean 15 coverage for my spouse and young adult dependents?
A8. Yes. A Member’s lawful spouse, age 64 and under, and unmarried eligible children, ages 18-22, may obtain their own Smart & Lean 15 coverage as Associate Members of USBA.
Q9. Will my family be protected in the event of a service-related or combat death?
A9. 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.)
Q10. Will I be able to keep my Smart & Lean 15 coverage if I leave the military or retire from federal employment?
A10. Yes. You can keep your coverage even after your military or federal employment ends. Furthermore, you won’t be asked to pay higher rates because you retire or separate from military service.
Q11. How much coverage is available?
A11. You may request Smart & Lean 15 coverage in amounts from $25,000 to $500,000 (in $1,000 increments). Note: The overall maximum coverage amount available to each Member/Associate Member under all USBA-sponsored Group Life Plans is $650,000.

Still Have Questions? – Call our trained service representatives at (800) 368-7021 between 8:00am and 4:30pm (CST), Monday through Friday and they’ll be happy to help you!

 

The USBA & Militia Guardian Group Term Life Plans are underwritten by:
New York Life Insurance Company
The USBA Group Life Plans are administered by:
USBA
The AFBA Group Life Insurance Plan is underwritten by:
5 Star Life
909 N. Washington St
Alexandria, VA 22314