Military Level Term - Group Term Life Insurance | AFBA

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Group Level Term Life Insurance

Available to active duty military, retirees, veterans and their families


Protection You and Your Family Can Count On

You understand what it means to put on the uniform every day to serve this great nation and what it means to have others depend on you. You provide protection and peace of mind to our country and you can do the same at home. An AFBA member benefit funded by life insurance underwritten by 5Star Life Insurance Company offers features suited to the military family (underwritten by New York Life Insurance Company in the state of New York*).

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). 

 Ease of payment. Simple payment available through military allotment.

 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 using the same enrollment form.

Additional Features

Coverage from $50,000 to $400,000. Based on your individual situation, you decide how much coverage is right for you and your family.

No medical exam up to age 50 for $250,000 of coverage and up to age 60 for $100,000 for military members. For spouses, no medical exam under age 40 up to $250,000 and under age 50 up to $150,000. Coverage is not guaranteed to issue and is dependent upon the answers to the health questions.

Full coverage after retirement or separation. As long as contributions are paid, coverage continues to age 70. (After 70th birthday, coverage terminates on policy anniversary date.) There are no occupation restrictions, so regardless of what you do after the military or any health issues that may develop in the future, you're covered.


Military Term Life Insurance Coverage

Non-insurance AFBA member benefit

 Family survivor college scholarship. Your spouse and children are eligible for $10,000 per year, per family, up to a total maximum benefit of $40,000 toward a college degree, if you are killed in a combat zone as a result of combat action, or as a result of acts of foreign or domestic terrorism. (Not available in Virginia.)

Enrolling is easy. Contact us today.



Member death benefits provided by AFBA are underwritten by 5Star Life Insurance Company (a Lincoln, Nebraska company) with an administrative office at 909 N. Washington Street, Alexandria, VA 22314. Group Policy:  LT050197(Rev). Member death benefits not available in all states and U.S. Territories.

* 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.