Protect your military family today. Call: phone icon1-800-522-5221

Life Insurance for the Military Community

         
Get a Quote       Apply Now

Find the right policy for you.

Get the affordable coverage you deserve for the sacrifices you've made—with superlative personal service from an organization that understands your family's unique needs.

years old seeking
Please make a selection for the following:

Term Life Insurance

Term life insurance covers a specified period and pays a death benefit if the insured dies during that time. It typically has lower premiums than whole life insurance.

Whole Life Insurance

Whole life insurance offers coverage for life as long as premiums are paid. It typically includes a cash value component that grows over time, allowing you to build cash savings within the policy.

Term Life Policies

BeyondBasic™

  • Servicemembers who have recently been accepted in (or completed) a military career enhancing school including officer training, flight school and many others, and,
  • Have a qualifying military physical conducted within the last 9 months, and,
  • Are active-duty, National Guard or Reserves
What It Offers:
  • Guaranteed acceptance — no medical underwriting
  • $100,000 of coverage
  • Supplemental to SGLI
  • Renewable every 5 years to age 70

Simple Term

  • Active Duty, National Guard, Reserve, Veterans, Retirees aged 25-74
  • Member Spouses aged 25-74
  • Member Children aged 25-74 & Grandchildren aged 25-74
What It Offers:
  • $50,000 - $200,000 coverage
  • Access to exclusive AAFMAA Member benefits
  • More affordable than VGLI for non-smokers
  • No medical exam or lab work required

Level Term I

  • Active Duty, National Guard, Reserve, Veterans, Retirees aged 18-49
  • Member Spouses aged 18-49
  • Member Children aged 18-49 & Grandchildren aged 18-26
What It Offers
  • $50,000 - $800,000 coverage
  • $10,000 coverage on all children up to age 21 at no additional cost
  • Less expensive than SGLI and stays with you after separation or retirement

Level Term II

  • Active Duty, National Guard, Reserve, Veterans, Retirees aged 18-75
  • Member Spouses aged 18-75
  • Member Children aged 18-75 & Grandchildren aged 18-26
What It Offers:
  • $50,000 - $800,000 coverage
  • Up to 75% less expensive than VGLI and includes our hallmark Survivor Assistance Services

5-Year Renewable Term

  • Veterans, Retirees aged 45+ years
  • Member Spouses & Children aged 45+
What It Offers:
  • $50,000 - $800,000 coverage
  • Up to 75% less expensive than VGLI and includes our hallmark Survivor Assistance Services

Whole Life Policies

Value-Added Whole Life

  • Active Duty, National Guard, Reserve, Veterans, Retirees up to age 80
  • Member Spouses up to age 80
  • Member Children up to age 80 & Grandchildren under age 26
What It Offers:
  • Premium never increases
  • $5,000 increments from $10,000 to $1,000,000
  • Long-term care settlement option included

Generations Plus

  • Member Children & Grandchildren aged 15 days to 14 years
What It Offers:
  • $10,000 - $50,000 coverage
  • Low premiums, locked in when the child is young
  • Coverage amount automatically doubles at age 18, with no increase in premium

Guaranteed Acceptance+

  • Veterans, Retirees, their Spouses & Children, age 35-64
  • Surviving Military Spouses, age 35-64
  • Those who may not meet, or who do not want to endure, medical underwriting requirements
  • and who do not have existing permanent life insurance coverage
What It Offers:
  • $5,000 – $25,000 coverage
  • No medical exam — you can’t be turned down

Wealth Builder Life Insurance

  • Veterans & Military Spouses age 60+
  • Surviving Military Spouses
  • Member Children age 60+
  • Those who might not meet medical requirements of other policies
What It Offers:
  • $10,000 - $1,000,000 coverage
  • Builds wealth through cash value growth
  • Long Term Care Settlement Option included at no additional premium

ANNUITY Life ®

  • Veterans & Military Spouses age 60+
  • Surviving Military Spouses
  • Member Children age 60+
What It Offers:
  • Everything you want from an annuity, and nothing you don’t
  • NO upfront fees. NO commissions. NO surprises.
  • An income stream you cannot outlive
  • Financial confidence in retirement

Final Expense+

  • Veterans, Retirees, their Spouses & Children, age 65-85
  • Surviving Military Spouses age 65-85
  • Those who may not meet, or who do not want to endure, medical underwriting requirements and who do not have existing permanent life insurance coverage
  • Those aging out of their current expiring term life policies
What It Offers:
  • $5,000 - $25,000 coverage
  • No medical exam — you can’t be turned down

How Much Life Insurance Do I Need?

The amount of life insurance you need depends on your unique situation, including your family size, age, and other life circumstances. You can select a policy that safeguards your family in the event of early death, one that is most effective if you live a long life, or a mix of both.

Try our life insurance needs calculator to find out how much insurance you need.

Calculate Your Coverage Needs

Who’s Eligible for an AAFMAA Life Insurance Policy?

Individuals in the following groups are eligible to access AAFMAA products, services, and benefits:

  • All ranks of the US Army, Marine Corps, Navy, Air Force, Space Force, and Coast Guard, including:
  • Active Duty (or within 120 days after separation)
  • Guard or Reserve (full- or part-time)
  • USMA, USNA, USMMA, USCGA, and USAFA cadets or midshipmen
  • ROTC contract/scholarship cadets
  • Military Retirees
  • Veterans, residing in specific states*
  • Current and retired members of the uniformed services
  • Current Active, Veteran or Surviving Military Spouses
  • Children and grandchildren of AAFMAA Members

Have a Question About Our Policies?

Check out our FAQs for answers. Or call us at: 1-800-522-5221

View FAQs
 

Why Should I Choose an AAFMAA Life Insurance Policy?

AAFMAA provides you with the peace of mind that comes from a military-focused company that puts you and your family first.

Flag Icon

The AAFMAA Advantage

The coverage you need at the price you want through every stage of life.

You can keep your coverage even after you leave the military.

Protect the loved ones you leave behind with lifetime survivor assistance.

You are covered — even when you are training or deployed.

Protect your family confidently with up to $1,000,000 of coverage.

No penalties or fees if you need to terminate your policy.

We just have the ultimate trust in what they do.

Stu Bradin
AAFMAA Member Since 1984

AAFMAA Members Benefits

We'll provide you with the personal attention you deserve.

Learn More

Military Spouses

Explore trusted products and services for your military family by joining the military spouse community

Related Articles

Top Life Insurance FAQs

If anyone relies on you financially — whether through income or contributions like childcare — then you and your family need life insurance.

Start by determining how much you need, for how long, and what you can afford to pay. Then, shop around for the best policies that meet your needs.

If you don’t have life insurance, the best time to get it is today. Life insurance is cheaper and easier to get when you’re younger and healthier. However, AAFMAA can help you protect your dependents and cover your financial obligations with policies made for every stage of your military life and beyond.

Both you and your spouse should consider life insurance if either of you contributes financially or provides essential caregiving. Dual coverage ensures financial support for living expenses, debts, or childcare in the event of a passing.

Term life insurance covers a specified period and pays a death benefit if the insured dies during that time. It typically has lower premiums than whole life insurance.

Whole life insurance offers coverage for life as long as premiums are paid. It typically includes a cash value component that grows over time, allowing you to build savings within the policy.

Life insurance payouts are typically not taxable for beneficiaries, allowing them to receive the full amount without taxes. However, taxes may apply if the policyholder's estate exceeds the federal estate tax exemption or if the benefit was transferred for value.