Term life coverage with special protections for those who serve or have served and their spouses.

You know what it means to face risk. Active duty, retirees, federal civilians, vets and spouses deserve a special kind of life insurance protection. And with MBA's Term Life, you can be covered up to age 90.

  • Get $50,000 of coverage as low as $2.50/month (under age 30, non-tobacco user)
  • Available to non-military spouses
  • Affordable life insurance designed specifically for the industry
  • You can keep coverage when you go into civilian life
  • Eligible children may be covered for up to $12,500 at no additional cost*
  • Coverage until the age of 90 with increase in premium every 5 years

Underwritten by Metropolitan Life Insurance Company – one of the nation’s top insurers – MBA Military Term Insurance features benefits that remain level until age 70, then reduce at ages 70 and 80. Scroll down to see how it compares to other coverage.

*Members must elect at least $100,000 of coverage.

Term life coverage with special protections for those who serve or have served and their spouses.

You know what it means to face risk. Active duty, retirees, federal civilians, vets and spouses deserve a special kind of life insurance protection. And with MBA's Term Life, you can be covered up to age 90.

  • Get $50,000 of coverage as low as $2.50/month (under age 30, non-tobacco user)
  • Available to non-military spouses
  • Affordable life insurance designed specifically for the industry
  • You can keep coverage when you go into civilian life
  • Eligible children may be covered for up to $12,500 at no additional cost*
  • Coverage until the age of 90 with increase in premium every 5 years

Underwritten by Metropolitan Life Insurance Company – one of the nation’s top insurers. Benefits remain level until age 70, then reduce at ages 70 and 80. Scroll down to see how it compares to other coverage.

*Members must elect at least $100,000 of coverage.

Calculate your rate:

Tobacco user?
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Compare MBA Term Insurance to age 90 coverage to SGLI and VGLI.

Coverage

MBA Term Insurance to age 90

SGLI/VGLI

PremiumPremiumAffordable group term rates among the lowest in the industryCompetitive with SGLI, less expensive than VGLI1
SpouseSpouseSponsored Spouse coverage up to $1,000,000Limits spouse coverage to $100,000, not to exceed the member’s coverage
Eligible ChildrenEligible ChildrenCoverage of up to $12,500 available for eligible children under age 262$10,000 limit on child coverage
After serviceAfter serviceCoverage is portable with no further underwriting or increase in premium due to separation or retirementSGLI coverage ends. VGLI is available, but at higher rates1
Terminated member coverageTerminated member coverageSpouses under this plan are members in their own right. Their coverage continues in the event the sponsoring service member terminates membership, for whatever reasonFamily SGLI (and family coverage) terminates when the service member and spouse are permanently separated for any reason
Payment optionsPayment optionsSeveral options, including credit card, electronic funds transfer, allotment and billing scheduleSGLI automatically deducts the premium from the service member’s military pay; member must opt-out of coverage
Coverage increaseCoverage increaseMBA members can apply for an increase in coverage up to a maximum of $1,000,0003SGLI/VGLI coverage is limited to $400,000
Disability & healthDisability & healthMBA membership and coverage can remain active during and after the transition to civilian life, regardless of health at the time of separation or retirementService members who are totally disabled at the time of separation or retirement may not qualify for coverage under VGLI if they have serious health problems
Additional benefitsAdditional benefitsAccess to annual scholarships, savings on auto and home insurance, legal services, financial resources and other benefits that can help you stay health and save money; click here for details

1For non-tobacco users under age 70.
2Members must elect at least $100,000 of coverage.
3Your application is subject to review and approval by MetLife based upon its underwriting rules.

For more info: 1 877-622-1020 Existing members: 1 800-336-0100