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You put your life on the line to protect us. We’re here to help protect your military family.
While on active duty, servicemembers have access to life insurance benefits through Servicemembers' Group Life Insurance (SGLI), a group term life insurance program for servicemembers and their dependents. Upon transitioning out of the military, retirees and veterans can convert their SGLI policy into a VGLI policy—Veterans' Group Life Insurance. However, AAFMAA offers Veteran life insurance options designed to meet your family’s needs.
If you are getting ready to retire and considering options for your life insurance needs, AAFMAA could be the answer. Before you automatically choose VGLI, check us out first. AAFMAA is a Veterans’ insurance company that offers financial solutions designed exclusively for the military community. Our term life insurance products can save you thousands of dollars over VGLI, just give us a call for a free, no-obligation quote to compare.
“I have been an AAFMAA Member for many years and want you to know how much my family and I appreciate the outstanding service we have received over the years from your superb staff. Their patience with my efforts to understand some of the complex transactions I was undertaking was remarkable.”
— LTC. Alvaro Gonzalez, U.S. Army (Retired)
Member since 1965
Selecting life insurance to protect your family after you leave the service should be easy and always affordable. Call one of our Membership Coordinators at 1-866-311-1812 or get a free, no-obligation quote online today. We’ll provide the right solution to meet your needs.
Extreme flexibility. You pick the coverage. The affordable option for short- and long-term Veteran life insurance.
Simplified application. No medical exams. Protection up to $100,000.
For members of any age, any medical status, with the option to annuitize.
Guaranteed acceptance, coverage for life. No medical exam or questions.
AAFMAA offers a variety of life insurance policies for Veterans that you can purchase in lieu of VGLI. Popular options include Level Term II Life Insurance and Wealth Builder Life Insurance. Compare your options and find the best solution today!
AAFMAA offers several Veteran life insurance policies that do not require medical exams — Simple Term Life Insurance, Wealth Builder Life Insurance which builds cash value at a high crediting rate, ANNUITYLife(r) which offers an immediate annuity at no cost, and the Veteran Survivor Plan, which is a guaranteed acceptance policy.
Servicemembers’ Group Life Insurance (SGLI) offers term coverage to eligible military personnel. Servicemembers who meet the criteria will be automatically enrolled by their service branch.
When military personnel transition out of the service, they become eligible for Veterans' Group Life Insurance (VGLI), which provides continued life insurance coverage up to the amount they had through SGLI. However, unlike SGLI, VGLI premiums increase significantly every five years, and servicemembers are only able to increase their coverage by $25,000 every five years—up to a maximum of $400,000—until the age of 60.
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Copyright 2021 American Armed Forces Mutual Aid Association. 102 Sheridan Avenue, Ft. Myer, VA 22211-1110
The U.S. Government does not sanction, recommend or encourage the sale of these life insurance products. Subsidized life insurance may be available from the Federal Government.
Financial Planning, Investment Management, and Trust Services provided by AAFMAA Wealth Management & Trust, a North Carolina Limited Liability Company wholly owned by AAFMAA.
Physical address: 639 Executive Place, Suite 200, Fayetteville, NC 28305.
Information provided by AAFMAA Wealth Management & Trust LLC is not intended to be tax or legal advice and we encourage you to seek guidance from your tax and legal advisors.
Past performance does not guarantee future results. Investments are not FDIC or SIPC insured, are not deposits, nor are they insured by, issued by, or guaranteed by obligations of
any government agency or any bank, and they involve risk including possible loss of principal.
Mortgage services provided by AAFMAA Mortgage Services LLC (AMS), a wholly-owned subsidiary of AAFMAA. AMS is available for the financing of residential
property in the states listed on our Legal & Licensing page. All loans are subject to
credit approval and other criteria. Physical address: 1 Copley Pkwy, Suite 420, Morrisville, NC 27560. Lender NMLS: 1423968,
https://www.nmlsconsumeraccess.org/, Equal Housing Lender, Veteran Affairs (VA) approved lender
# 668521-00-00; not endorsed or sponsored by the Dept. of Veterans Affairs or any government agency.
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