Simple Term

Simple Term lives up to its name with a streamlined application process. No physical exam, no medical tests, and no complicated paperwork. Just answer five basic health questions, and you could be covered as soon as your application is complete. This makes Simple Term ideal for busy servicemembers and Veterans who need additional protection without the time-consuming process typical of traditional life insurance.

Choose the coverage amount that works for you: $50,000, $100,000, $150,000, or $200,000. Whether you're supplementing your SGLI or need affordable coverage after service, Simple Term provides the flexibility to select the right amount of protection for your family. Your benefit amount remains level until the policy ends, giving you consistent, reliable coverage when your loved ones need it most.

Simple Term offers competitive rates that adjust in five-year age brackets from 25 to 74. For non-smokers, it's more affordable than VGLI, making it an excellent option for Veterans transitioning out of service. If you're currently serving, Simple Term provides an affordable way to supplement your SGLI coverage and fill potential protection gaps for your family's financial security.

When you choose Simple Term, you gain access to all the benefits of Armed Forces Mutual Membership. Since 1879, we've been the trusted nonprofit financial solutions provider for the military community. Your Membership includes our exclusive Survivor Assistance Services, Digital Vault for secure document storage, and free financial education resources designed specifically for military families.

Simple Term is ideal for servicemembers, Veterans, or anyone who wants affordable coverage without medical records or exams. Coverage starts as early as age 25 and you are eligible to apply up to age 74.