Now available in select states - A great gift for the next generation!
Eligible dependents are your unmarried dependent children at least 14 days old, but under age 21. NexGen dependents will be eligible for guaranteed Adult Former Dependent coverage of up to $100,000 without proof of insurability, or they can apply for the maximum plan coverage of $250,000.
| Monthly Premium | NexGen Dependent Coverage |
| $1.30 | $10,000 |
| $2.00 | $20,000 |
| $2.25 | $25,000 |
You must apply for NexGen coverage on all dependent children and complete a separate application for each one of them.
This coverage is in addition to the free coverage provided to your children* when you purchase two or more units of MBA Term 90 or Level Term II coverage.
What a wonderful way to give your child a gift that could last a lifetime.
* Insurance coverage is sold in $50,000 units of coverage. If you select a minimum of 2 units ($100,000) of member life insurance coverage, you may cover each of your children at NO extra cost, for $2,500 per unit (Example: If you are covered for $100,000, each of your children will be covered for $5,000 at no additional cost to you). Child benefits are $500 per unit at age 14 days to 6 months, then $2,500 per unit to age 21, or age 25 if a full-time student in an accredited school and not married. A maximum of $12,500 is available for each child under this plan.






