Frequently Asked Questions

Does my MBA coverage offer any cash or loan value?

MBA offers strictly Group Term life insurance coverage; therefore, there is no cash or loan value to any of our plans.

Is MBA affiliated with any other companies or associations?

MBA's only company affiliation is with our insurance carrier, Government Personnel Mutual Life Insurance Company. MBA is not affiliated with any other companies or associations. If you also purchased a savings/annuity plan when signing up for MBA, please check your records and contact the appropriate company directly with questions regarding their plan.

Is there an aviation or war clause with my MBA coverage?

MBA takes pride in serving our Service Members and their families. Therefore, there is no aviation or war clause. This means the full death benefit would be payable if the death were caused by an act of war or military aircraft accident.

So if I deploy, I am still covered?

Yes, in full.

Am I able to make payments online or over the phone?

To make payments over the phone, please contact our Accounts Receivable department at 1-800-336-0100. Online payments will be accepted in the near future.

Is there a conversion privilege with my coverage?

Members and dependents have a conversion privilege to an individual policy of life insurance with GPM, as explained in the certificate of insurance. If you have any questions regarding this privilege, please contact the office of the MBA Marketing Director at 1-800-458-3087.

Is there any change in my life insurance coverage due to a separation or retirement from the service?
A change in duty status does not affect your coverage as long as consecutive payments are received for the coverage. Please ensure that your premium will continue to be paid even though your military allotment might have stopped.

I am an existing member and would like to change/increase my existing coverage. How do I do that?

Simply review the plans on our website and complete the appropriate application. You will need to sign and currently date the completed application and mail it to MBA. Proof of eligibility may be requested by our underwriter.

Is it okay to list more than one beneficiary? How do I do this?

You have the option to list as many people to receive the death benefit as you see fit. You will just need to list them on the form and return it to us for recording. If your beneficiary designation does not fit on the form provided, you may attach a separate sheet of paper ensuring that you have also signed and dated that sheet of paper. You may access these forms on our website and return them to us ensuring that you have signed and currently dated the forms and that your signature has been witnessed by someone other than a named beneficiary.

Note: while you have the option to list as many beneficiaries as you wish, naming more than one may slow down the processing phase of the claim.


				Does my MBA coverage offer any cash or loan value? MBA offers strictly Group Term life insurance coverage; therefore, there is no cash or loan value to any of our plans. Is MBA affiliated with any other companies or associations? MBA's only company affiliation is with our insurance carrier, Government Personnel Mutual Life Insurance Company. MBA is not affiliated with any other companies or associations. If you also purchased a savings/annuity plan when signing up for MBA, please check your records and contact the appropriate company directly with questions regarding their plan. Is there an aviation or war clause with my MBA coverage? MBA takes pride in serving our Service Members and their families. Therefore, there is no aviation or war clause. This means the full death benefit would be payable if the death were caused by an act of war or military aircraft accident. So if I deploy, I am still covered? Yes, in full. Am I able to make payments online or over the phone? To make payments over the phone, please contact our Accounts Receivable department at 1-800-336-0100. Online payments will be accepted in the near future. Is there a conversion privilege with my coverage? Members and dependents have a conversion privilege to an individual policy of life insurance with GPM, as explained in the certificate of insurance. If you have any questions regarding this privilege, please contact the office of the MBA Marketing Director at 1-800-458-3087. Is there any change in my life insurance coverage due to a separation or retirement from the service? A change in duty status does not affect your coverage as long as consecutive payments are received for the coverage. Please ensure that your premium will continue to be paid even though your military allotment might have stopped. I am an existing member and would like to change/increase my existing coverage. How do I do that? Simply review the plans on our website and complete the appropriate application. You will need to sign and currently date the completed application and mail it to MBA. Proof of eligibility may be requested by our underwriter. Is it okay to list more than one beneficiary? How do I do this? You have the option to list as many people to receive the death benefit as you see fit. You will just need to list them on the form and return it to us for recording. If your beneficiary designation does not fit on the form provided, you may attach a separate sheet of paper ensuring that you have also signed and dated that sheet of paper. You may access these forms on our website and return them to us ensuring that you have signed and currently dated the forms and that your signature has been witnessed by someone other than a named beneficiary. Note: while you have the option to list as many beneficiaries as you wish, naming more than one may slow down the processing phase of the claim.