NU Online News Service, May 29, 2003, 11:22 a.m. EDT – USAA Life Insurance Company, a unit of USAA, San Antonio, says its has lowered premiums on term life products in 39 states and the District of Columbia to reflect the adoption of the new mortality actuarial tables.

The new tables, which update 1980 tables, increase the projected life expectancy for most U.S. residents.

USAA Life also has set up a Web-based application process that eliminates 50% of the paperwork previously required, the company says.