Complaint / Review
Uniformed Services Benefit Association (USBA) And New York Life
Denied a claim for death benefits ripoff

This is warning to all military personnel. If you are considering purchasing insurance from Uniformed Services Benefit Association (USBA) or New Your Life please reconsider. USBA is a non profit company selling insurance to military personnel and their families. New York Life is their underwriter. USBA is advertised in the military papers and is sold by military people to other military people. Its board of directors is made up of retired military people (veterans helping other veterans, ya right).

USBA looks good on paper, but beware. My wife purchased a life insurance policy from them, but died less then two after taking out the policy. When she applied USBA sent a nurse to the house to do a physical. She passed. But because she died with the two year period USAB and New York Life denied to honor her death benefits.

Just think you an active duty person with orders to Iraq or Afghanistan. You shop around for insurance to cover your family while you are gone. You chose USBA. You feel secured in knowing that should anything happen to one of your loved one there would be enough money cover mortgage, car payments, bills and funeral expensive. But something does happen while you are fighting in the war. You file a claim with USBA and this is what will happen.

You will be left swinging in the wind. Not only will they make you wait a long time for a decision on your claim, but more then likely it will be denied and they will use any small reason to deny the claim.

USBA and New York Life are just another example of veterans ripping off other veterans.

The board of directors of USBA should be ashamed of them selves. They do dishonor to the uniforms they used to wear. They break the trust that exists between military people.

Remember the person who is selling you the policy is another GI. But is he/she more interested in their commission or offering a good product that helps the buyer?

Please beware. Reade the fine print, and look at other insurance companies. If you purchase USBA be very sure that the person covered under the policy does not die within two years. Oh, also let death know.