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Life Insurance

Coverage & Contributions

Better Alternative Coverage and Contributions

AFBA's Better Alternative is available from $50,000–$400,000 in $50,000 increments.

Military Flight Crew Coverage

Flyers are covered at no additional cost.

Contribution Chart

Monthly Contributions for Male and Female, Non-Tobacco Users*

  $50k $100k $150k $200k $250k $300k $350k $400k
Active Duty, Guard, Reserve,
or Retired: 18-39 yrs.
$3.25 $6.50 $9.75 $13.00 $16.25 $19.50 $22.75 $26.00
Active Duty, Guard, or
Reserve only: 40-49 yrs.
$3.75 $7.50 $11.10 $14.70 $18.30 $21.85 $25.40 $28.95
Retired or Separated: 40-49 yrs. $7.50 $15.00 $22.00 $29.00 $36.00 $43.00 $50.00 $57.00
Spouse: 18-34 yrs. $3.00 $6.00 $9.00 $12.00 $15.00 $18.00 $21.00 $24.00
Spouse: 35-39 yrs. $3.25 $6.50 $9.75 $13.00 $16.25 $19.50 $22.75 $26.00
Spouse: 40-49 yrs. $4.50 $9.00 $13.00 $17.00 $21.00 $25.00 $29.00 $33.00
Military member or Spouse:
50-59 yrs.
$17.50 $35.00 $52.00 $69.00 $86.00 $102.00 $118.00 $134.00
Military member or Spouse:
60-69 yrs.
$32.00 $62.00 $92.00 $122.00 $152.00 $180.00 $208.00 $236.00

 

* Tobacco user contributions are two (2) times non-tobacco user contributions. Tobacco user is one who has used any tobacco product in the past 12 months.

Note:

AFBA reserves the right to change contributions in any year subsequent to issue of your coverage based on interest rates and mortality experience.

Children's Rider

Dependent children under 21 (23 if a full-time student) are eligible for coverage under a Children's Rider for a maximum of $25,000. All eligible children are covered under one contribution. Statement of Health questions must be answered for all children.


Monthly Contributions for Children's Coverage

Child's Age $1,000 $2,000 $3,000 $4,000 $5,000 $10k $15k $20k $25k
15 days - 6 mos. $1.00 $2.00 $3.00 $4.00 $5.00 N/A N/A N/A N/A
6 mos. - 21 yrs.* N/A N/A N/A N/A $1.00 $2.00 $3.00 $4.00 $5.00

 * Dependent children coverage continues through age 21, or age 23 if full-time student.

Customer Service

For more information regarding any AFBA product click here or call 1-800-776-2322.

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