We have had a great response from members inquiring about purchasing life insurance coverage for their children and grandchildren. Here are the highlights of what's available:
Value-Added Whole Life - permanent insurance for children/grandchildren ages 6 months through 23 years. Coverage from $10,000 to $800,000. Click the following link for more Value-Added Whole life information.
Generations Plus - permanent insurance for children ages 15 days through 12 years. Initial Coverage from $10,000 to $30,000 in $5,000 increments. Coverage amount automatically doubles at age 21 with no increase in premiums. Future guaranteed purchase options at ages 21, 25 and 28. Visit this link for more information.
Level Term I - term insurance for children/grandchildren ages 18 through 23. Coverage from $50,000 - $800,000. A great low-cost way to get your children started with life insurance. Click here for more Level Term I information.
Please see the others articles about AAFMAA's products in this newsletter for more information, or contact a Membership Coordinator toll-free at 1-877-398-2263 or locally (VA) 703-522-3060. They are available from 8:30 am - 7:00 pm, Monday through Friday, Eastern time. You can also get quotes online 24/7 at www.aafmaa.com .
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