When it comes to your finances, you can never be too prepared. This is especially true for servicemembers and their families who may face uncertainty on a daily basis — never knowing when the next PCS or deployment is coming, or about the safety of their loved one overseas.
Active duty servicemembers are automatically enrolled in Servicemember Group Life Insurance (SGLI) which may feel like a financial safety blanket. But the truth is this plan doesn’t necessarily provide enough for every family — for example, the 9 out of 10 active duty servicemembers who reported that they were worried about their finances in a 2019 survey.
AAFMAA aims to provide policies that alleviate this worry and prepare you for long-term financial success. Every AAFMAA policy comes with a variety of Member benefits, including assistance with military benefits and access to personalized financial planning.
“At AAFMAA, we have the tools and resources to help guide you in financial preparedness,” notes AAFMAA Chief Operating Officer Jerry Quinn. This means meeting military families where they are and helping them invest only when and what they can afford.
All AAFMAA policies are designed to be customizable and affordable, as well as to suit a variety of different life stages for this explicit reason. “We are here to do that for people,” assured Quinn, “to give them that needs-based analysis to help them make informed decisions about their future.”
Do you need assistance determining the best life insurance options for your financial needs? Learn more here, or contact an AAFMAA Membership Coordinator at 877-398-2263 to discuss your best coverage options.