Take action today. Call our experts at: phone icon1-800-522-5221

In The News

Don’t Be a Statistic — Invest in Your Future Today


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.

Common Questions

Yes, your AAFMAA policy will cover a death related to COVID-19 if you are an existing AAFMAA Member with a policy issued more than two years ago or prior to a COVID-19 diagnosis, even within the first two years the policy is owned. The only exclusion on AAFMAA policies is death by suicide within the first two years.

However it is important to note that death claims made against an underwritten policy issued within the last two years are contestable, regardless of the cause of death. Contestable death claims are reviewed and subject to denial if we find undisclosed material information that would have changed the outcome of the policy issuance decision.

Yes, if you are applying for a policy that requires medical underwriting, you must disclose a positive COVID-19 diagnosis. Not doing so would be considered material misrepresentation and could result in your policy being voided.

As mentioned above, death claims made against an underwritten policy issued within the last two years are contestable, regardless of the cause of death. Additionally, you don’t have to die for a material misrepresentation to void your contract. The policy can be voided at any point within the first two years if AAFMAA finds that you provided incorrect information about your health history and that the correct information would have prevented us from issuing the policy.

If you were diagnosed with having contracted COVID-19 prior to applying for life insurance and you failed to disclose that diagnosis on your application, your death claim could be denied. This is because, if you had disclosed your COVID-19 diagnosis, we would have followed current industry guidelines and possibly postponed acceptance of your application. In this case, your policy would be voided and your survivors would only receive a refund of the premiums you had paid.

No, the COVID-19 vaccine is classified as a typical wellness check, for which we do not require disclosures and do not deny death claims. We strongly suggest that our Members follow CDC recommendations and receive the COVID-19 vaccination as soon as they are eligible.

Industry guidelines indicate that a COVID-19 diagnosis may postpone acceptance of your application for a period of three weeks to 1 year following recovery, depending on the severity of symptoms and treatment. This timeline is subject to change as new information becomes available and industry guidelines are adjusted accordingly. Those who experience a full recovery may be considered for issue before 12 months, while serious cases (such as those which required a ventilator) may be postponed for longer.

No. Receiving a COVID-19 vaccination will not affect the acceptance of your application.

No, AAFMAA cannot change your premiums or your health classification on a policy you currently hold. Your premiums and health classification will remain the same, even if you have been diagnosed with COVID-19 or you are at a higher risk of exposure due to your job, living situation, or recent travel, or if you get one of the COVID-19 vaccinations approved for emergency use by the USFDA.