Term 90 Plus Life Insurance

MBA Term 90 Plus term life insurance offers solid, affordable protection to active duty and retired service members, veterans, National Guard members and reservists — regardless of rank. So whether you want to add to your SGLI or are looking for an economical alternative to VGLI, MBA Term 90 Plus life insurance may be right for you.

  • Rates start at just $2.50/month for $50,000 coverage
  • More affordable than VGLI and many other military associations
  • Coverage up to $1,000,000
  • Coverage up to age 90
  • Coverage available to non-military spouses
  • Children may be eligible for free coverage up to $12,500
  • Plans go with you when you enter civilian life

Plus, since MBA Term 90 Plus was designed specifically for service members and their families, there is no war clause, no limitation on aviation-related deaths and an emergency death benefit (advance payment up to $10,000). And MBA Term 90 Plus life insurance is underwritten by MetLife, one of the nation’s top insurance companies.

Please take a minute to compare MBA Term 90 Plus to SGLI and VGLI. Then, talk to an MBA Insurance Specialist to learn more and find out how much coverage you need to protect your family.

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Compare MBA TERM 90 PLUS Life Insurance coverage to SGLI and VGLI.

Coverage MBA Term 90 Plus SGLI/VGLI
Premium Competitive with SGLI, less expensive than VGLI SGLI competitive with MBA Term 90 Plus; VGLI more expensive than Term 90 Plus
Spouse Sponsored Spouse coverage up to $1,000,000 Limits spouse coverage to $100,000, not to exceed the member’s coverage
Children No additional cost up to $12,500 and additional child coverage is available $10,000 limit on child coverage
After service Coverage is portable with no further underwriting or increase in premium due to separation or retirement  VGLI premiums substantially higher than MBA Term 90 Plus at all ages and coverage levels for non-smokers
Member Coverage Terminates or Member Passes Away  Spouses under this plan are members in their own right, protecting coverage for the family in the event the sponsoring service member terminates membership, for whatever reason Family SGLI (and family coverage) terminates when the service member and spouse are permanently separated for any reason
Payment options Several options, including credit card, electronic funds transfer, allotment and billing schedule SGLI automatically deducts the premium from the service member’s military pay; member must opt-out of coverage
Coverage increase MBA members can apply for an increase in coverage up to a maximum of $1,000,000 SGLI/VGLI coverage is limited to $400,000
Circumstances of death MBA Term 90 Plus continues to age 90 and pays a death benefit under any circumstances not considered contestable The SGLI insurance terminates or the benefit is not payable in cases of misconduct, e.g. confinement, AWOL, desertion or conscientious objection
Disability and health MBA membership and coverage remain active during and after the transition to civilian life, regardless of health at the time of separation or retirement Service 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 benefits MBA offers additional benefits to its members, including savings on tuition for members and family, preventive health screenings, a Scholarship Program for dependents, savings on auto and home insurance and other benefits that will help you stay healthy and save money; click here for details

Compare MBA TERM 90 PLUS Life Insurance rates to SGLI and VGLI.

Member Monthly Premium Per $50,000 Unit of Coverage (Maximum Coverage up to $1,000,000)

Member’s Attained Age Non-Tobacco User Premium Tobacco User Premium
 0-29  $2.50 $5.00
30-34 $2.90 $5.80
35-39 $3.10 $6.20
40-44 $4.00 $8.00
45-49 $5.00 $10.00
50-54 $8.50 $17.00
55-59 $15.50 $31.00
60-64 $23.79 $47.58
65-69 $45.78 $91.56
Speak to an agent: 1 877-622-1020 Existing members call: 1 800-336-0100
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