Group Term Life is available on these UBA Gap Products in available states and is underwritten by Investors Heritage Life Insurance Company:
Gap Plus, Gap Max, Super Gap, Super Gap Plus, Gap CI 10K, Gap Plus 7350, Gap Plus Legacy, & Gap Classic, & Gap Basic Products
Group Term Life Insurance is available in ONLY these states listed below:
AL, AR, AZ, CA, CO, FL, GA, IL, IN, KY, MI, MO, MS, NE, NM, OH, OK, PA, SC, TN, TX & VA
(If you are NOT in one of the states listed above, the Group Term Life Insurance is NOT available in your plan.)
Group Term life is a LUMP SUM benefit available to the Primary Covered Insured Member and their eligible Spouse. Coverage ends for this insurance benefit when the Covered Member turns 65. (As the Primary member and/or eligible spouse, you must be between the ages of 18-64 to be eligible for this insurance benefit.)
Once death occurs, the beneficiary you named will receive the lump sum benefit upon receipt of due proof of death. Also, once death occurs and payment has been made, group term life insurance coverage for that Covered Member terminates.
Principal Sum Maximum Benefit amount varies based on product.
Gap Basic, Gap Plus, Gap Plus Legacy, Gap Plus 7350, & Gap Classic - Principal Sum is $5,000
Gap Max, Super Gap, Super Gap Plus - Principal Sum is $10,000
Important: Healthy America and United Business Association (UBA) are not authorized to pay claims or be involved in the claims decision process. All claim decisions are made by the insurance carrier.
Review the Certificates of Insurance for the UBA Gap Products that include Group Term Life Insurance to get full details, terms, limitations and exclusions.