Question 1

Why do I need life insurance?

Accepted Answer

Life insurance is one of the best things you can do to protect your family financially. Having a life insurance policy on yourself means that your family can be left with a non-taxable sum in the event of your death.
 
Remember, having life insurance can help provide your family with financial security when it's needed most.

Question 2

What are your key plan features?

Accepted Answer

All of our life insurance policies are backed by The Armed Forces Benefit Association (AFBA) and underwritten by 5Star Life Insurance Company.
 
Coverage features include:
 
NO war or terrorism exclusions
You are covered on and off duty with no hazardous, line of duty or occupational restrictions.
 
Emergency death benefit
Payment of up to $15,000 mailed within one business day of notification of death (subject to contestability).
 
Keep the coverage
After you retire or separate, you can continue your coverage for you and your family as long as contributions are paid.
 
Optional spouse and child coverage
Easily purchase coverage through the same enrollment form.

Question 3

Do I need a medical exam to get coverage?

Accepted Answer

No medical exam is required for the following scenarios:
Someone under 50 for up to $250,000 in total coverage
Someone between the ages of 50-55 for up to $100,000 in total coverage
Some between the ages of 56-59 for up to $50,000 in total coverage
Coverage is not guaranteed to issue and is dependent upon answers to a few health questions and underwriting approval.

Question 4

How much will my plan cost?

Accepted Answer

There is not a single answer to this question. How much you pay for your policy monthly depends on the following factors: your age, gender, health, lifestyle, coverage amount, and term (the length of the policy). 
 
Our plans can cost as little as $8.50 per month, but your exact cost will be quoted after chatting with one of our agents.

Question 5

How much life insurance do I need?

Accepted Answer

There is no one right answer to this question. It depends on a number of factors including your age, income, debt level, and other criteria. When our agents reach out, we will discuss all the options with you and help you determine the right amount of coverage.
 
With plans ranging from $5,000 to $250,000 in death benefits, there is a right fit for everyone.

Question 6

Can life insurance help cover my debt?

Accepted Answer

Yes! In the untimely event of your death, your life insurance policy can be used to help cover any existing liabilities including, but not limited to, your home loan or car note.

Question 7

Who can I name as my beneficiary?

Accepted Answer

If you take out a life insurance policy on yourself, you can name anyone as your beneficiary -- your child, your partner, or even a complete stranger. As long as you own the policy, you call the shots.

Frequently Asked Questions