AFBA's
Better Alternative is group term life insurance specifically designed for armed services personnel and their dependents.
Military Life Insurance Key Features
- No medical exam required for Active Duty, Guard and Reserve under age 50 for up to $250,000.
- Portability – Coverage continues after retirement or separation from the military with contributions significantly lower than VGLI.
- No war or terrorism restrictions.
- Emergency Death Benefit – Within 24 hours of receiving notice of a member's death, AFBA will mail $15,000 to the member's beneficiary.