USAA submitted a Florida filing for a new final expense life insurance product branded “USAA SECURE™ FINAL EXPENSE,” consisting of both graded and level death benefit whole life policies targeted at applicants ages 45 to 85.

The filing includes two policy forms: a graded death benefit whole life policy with a maximum face amount of $20,000 and a level death benefit whole life policy with a maximum face amount of $40,000. Under the graded version, deaths from natural causes during the first two policy years receive a benefit equal to 110% of premiums paid, while the full death benefit becomes payable beginning in the third policy year. Accidental deaths receive the full face amount at any time.

According to the filing, most sales will occur over the phone with licensed agents, with applications completed electronically through USAA’s website or mobile app. The insurer outlined digital signature controls, encrypted document handling, and automated validation prompts as part of the electronic application process.

Sample policy documents in the filing show a 55-year-old preferred male paying about $707 annually for a $20,000 policy under both the graded and level death benefit versions.

The filing also references an Accelerated Death Benefit for Terminal Illness rider previously approved in Florida.