AFBA Term Insurance | AFBA

AFBA Members Group Term Life Insurance

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Protection You and Your Family Can Count On

Ensure peace of mind. Protect your family financially from an unexpected death and loss of income with AFBA survivor benefits funded by Group Level Term life insurance and underwritten by 5Star Life Insurance Company. AFBA Members Term is designed specifically to cover current and former federal, state, municipal and local government employees excluding non-federal First Responder personnel as they have a product exclusively designed for them. You and your spouse are eligible to enroll for amounts up to $500,000 through age 64 provided you are a United States citizen. Your children are eligible for coverage up to $50,000. 

Coverage features 

 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). 

 Optional spouse and child coverage. Easily purchase coverage for your spouse and children using the same enrollment form.

 Keep the coverage. After you retire or separate, you can continue your coverage for you and your family as long as contributions are paid. 

Non-insurance AFBA member benefit

Family survivor college scholarship. Benefit of $10,000 per year per family, up to a total of $40,000 toward a college degree for the surviving spouse and children in case of death as a result of U.S. recognized acts of domestic or foreign terrorism or in operations at the scene of an incident.† (Not available in Virginia.)

Additional features

No medical exam under age 50 for up to $250,000, ages 50-55 for up to $100,000, and ages 56-59 for $50,000 of total insurance coverage. Just complete the enrollment form and answer a few health questions. Coverage is effective upon underwriting approval.

Coverage from $50,000 to $500,000. Based on your individual situation, you decide how much coverage is right for you and your family.

Coverage continues to age 70. If insurance contributions are paid, coverage cannot be canceled. Contributions change on the anniversary of your coverage effective date following entry into a new age group. Contributions are based on current age at enrollment. Contributions may increase should AFBA encounter a significant change to cost factors like expenses, persistency, mortality or interest rates. Refer to your Certificate of insurance for more details.

Coverage under the Children’s Rider. Dependent children under age 21 (23 if a full-time student) are eligible  for coverage under the Children’s Rider. Simply answer a few health questions. Coverage is effective upon underwriting approval. Ages 15 days to 6 months:  $1 per $1,000 of coverage up to $5,000. Ages 6 months to 21 years: $1 per $5,000 of coverage up to $25,000. Or ask about our Children’s Term Life Insurance which provides $50,000 of individual coverage. 


Underwriting

Sponsor

Age $50,000 $51,000-
$100,000
$101,000-
$150,000
$151,000-
$200,000
$201,000-
$250,000
$251,000-
$300,000
$301,000-
$500,000
18-39
40-49
50-55
55-59
60-64

Spouses and Dependents

Age $50,000 $51,000-
$100,000
$101,000-
$150,000
$151,000-
$200,000
$201,000-
$250,000
$251,000-
$300,000
$301,000-
$500,000
18-39
40-49
50-55
55-59
60-64

 

Complete Statement of Health (SOH). If any "yes" answers on SOH, additional medical information may be required Complete SOH, Paramedical Exam, Blood Profile and Urinalysis Complete SOH, Paramedical Exam, Blood Profile, Urinalysis and Resting EKG

Life insurance products underwritten by 5Star Life Insurance Company (a Lincoln, Nebraska company) with an administrative office at 909 N. Washington Street, Alexandria, Virginia 22314. Products available in all states plus the District of Columbia, American Samoa, and Puerto Rico. Products offered in the state of New York are underwritten by New York Life Insurance Company located at 51 Madison Avenue, New York, NY 10010 on Policy Form GMR/G-29390-0. New York Life Insurance Company (NAIC No: 66915) is domiciled in New York and licensed/authorized to transact business in the 50 United States and the District of Columbia.

Click here for full details on the Charles C. Blanton AFBA Family Survivor College Scholarship.