AFBA Term Insurance | AFBA

AFBA Members Group Term Life Insurance

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Protection You and Your Family Can Count On

Ensure peace of mind. Protect your family financially from an unexpected death and loss of income with AFBA member benefits funded by group level term life insurance and underwritten by 5Star Life Insurance Company. Member Term is designed specifically to cover current and former federal, state, municipal and local government employees excluding non-federal First Responder personnel as they have a product exclusively designed for them. You and your spouse are eligible to enroll for amounts up to $500,000 through age 64 provided you are a United States citizen. Your children are eligible for coverage up to $50,000.

Coverage features 

 No war or terrorism exclusions.  You are covered on and off duty with no hazardous, line of duty or occupational restrictions. 

 Emergency death benefit. Payment of up to $15,000 mailed within one business day of notification of death (subject to contestability). 

 Keep the coverage. After you retire or separate, you can continue your coverage for you and your family as long as contributions are paid. 

 Optional spouse and child coverage. Easily purchase coverage using the same enrollment form.

Additional features

No medical exam under age 50 for up to $250,000, ages 50-55 for up to $100,000, and ages 56-59 for $50,000 of total insurance coverage. Just complete the enrollment form and answer a few health questions. Coverage is not guaranteed to issue and is dependent upon the answers to the health questions and underwriting approval.

Coverage from $50,000 to $500,000. Based on your individual situation, you decide how much coverage is right for you and your family.

Coverage continues to age 70. If insurance contributions are paid, coverage cannot be canceled. Contributions change on the anniversary of your coverage effective date following entry into a new age group. Contributions are based on current age at enrollment. Contributions may increase should AFBA encounter a significant change to cost factors like expenses, persistency, mortality or interest rates. Refer to your Certificate of insurance for more details.

Coverage under the Children’s Rider. Dependent children under age 21 (23 if a full-time student) are eligible  for coverage under the Children’s Rider. Simply answer a few health questions. Coverage is effective upon underwriting approval. Ages 15 days to 6 months:  $1 per $1,000 of coverage up to $5,000. Ages 6 months to 21 years: $1 per $5,000 of coverage up to $25,000. Or ask about our Children’s Protect Term Life Insurance which provides $50,000 of individual coverage. 


Underwriting

Sponsor

Age $50,000 $51,000-
$100,000
$101,000-
$150,000
$151,000-
$200,000
$201,000-
$250,000
$251,000-
$300,000
$301,000-
$500,000
18-39
40-49
50-55
55-59
60-64

Spouses and Dependents

Age $50,000 $51,000-
$100,000
$101,000-
$150,000
$151,000-
$200,000
$201,000-
$250,000
$251,000-
$300,000
$301,000-
$500,000
18-39
40-49
50-55
55-59
60-64

 

Complete Statement of Health (SOH). If any "yes" answers on SOH, additional medical information may be required Complete SOH, Paramedical Exam, Blood Profile and Urinalysis Complete SOH, Paramedical Exam, Blood Profile, Urinalysis and Resting EKG


Non-insurance AFBA member benefit

 Family Survivor College Scholarship.Your spouse and children are eligible for $10,000 per year, per family, up to a total maximum benefit of $40,000 toward a college degree, if you are killed in a combat zone because of combat action, or because of acts of foreign or domestic terrorism. Not available in Virginia.

 

Member death benefits provided by AFBA are underwritten by 5Star Life Insurance Company (a Lincoln, Nebraska company) with an administrative office at 909 N. Washington Street, Alexandria, VA 22314. Member death benefits not available in all states and U.S. Territories.