USAlliance has introduced a new accidental death benefit product in Arizona, offering family-based coverage designed to pay a lump sum if an insured dies due to a covered accident. The filing was submitted on March 4, 2026 and became effective on March 10, 2026 on an exempt basis.

The product, marketed as “Family Protector,” provides coverage for a primary insured, spouse, and children under a single policy structure. Benefits are triggered when death results directly from an accidental injury within 90 days of the event, with no payout for deaths tied to illness or disease.

Coverage is available for individuals aged 25 to 65, with protection extending to age 70 for adults and age 25 for children. The policy is non-cancellable through the coverage period, and premiums are fixed, with standard pricing set at $30 per month or $330 annually.

Benefit options vary by household structure, with maximum coverage reaching $300,000 across family members. For older issue ages (56 to 65), benefit amounts are reduced by 50%, reflecting higher risk.

The product excludes a range of scenarios typical for accident-only coverage, including death from illness, substance misuse, high-risk activities, or criminal acts. Aviation-related incidents, certain elective procedures, and war-related events are also excluded.

From a pricing standpoint, the filing targets a 46.19% anticipated loss ratio, slightly above the 45% minimum required for this type of product, with an expected margin of approximately 22.7%. The policy carries no cash value and is positioned as a straightforward protection product rather than a savings or investment vehicle.

Distribution is expected to occur through agents on an individual basis, with the product aimed at households seeking basic financial protection tied specifically to accidental death risk.