Money Related Articles

Insurance Most Popular Articles

Who's Eligible for AAFMAA Membership and Insurance?

Applicants become AAFMAA members when they meet medical requirements and are issued a life insurance policy on their own life.  Members can then purchase additional policies for themselves, their spouse, children and grandchildren.  Our policies have no war, no aviation and no terrorism clauses.  Unlike SGLI, after leaving the military, members can keep and buy more AAFMAA insurance. AAFMAA?s Survivor Assistance Services are included with all member policies.
 
MEMBERSHIP ELIGIBILITY
Army or Air Force personnel who are: 
  • Active Duty (or within 120 days after separation)
  • Guard or Reserve (Full or Part Time)
  • USMA and USAFA Cadets
  • ROTC Contract/Scholarship Cadets
  • Army and Air Force Retirees (through age 65)
  • Honorably discharged veterans residing in Virginia, North Carolina, South Carolina or Maryland 
LIFE INSURANCE ELIGIBILITY
Members and spouses (age limits are dependent upon product selected) 
Member's children and grandchildren 6 months through age 17 (whole life only)
Member's children and grandchildren ages 18-23 (whole life and Level Term I)
Widows of deceased members (for themselves and children/grandchildren of member) 
Members with Level Term I get term life insurance of up to $10,000 per dependent child under age 21 at no additional cost. 
ALL AAFMAA policies have NO war, NO aviation and NO terrorist clauses. 
Check us out at www.aafmaa.com.  

Military News App by Military.com

Download the new Military.com News App for Android on Google Play or for Apple devices on iTunes!

Featured VA Loan Articles

  • VA Loan Closing Costs: An Added Benefit
    Besides the advantage of requiring no down payment for qualified VA borrowers, there's also a distinct advantage for the borrow...
  • White suburban home.
    IRRRL Facts for Veterans
    Military.com
    IRRRL stands for Interest Rate Reduction Refinancing Loan,also known as a "Streamline" or a "VA to VA" loan.
  • US Map Showing High Cost Counties
    VA Loan Limits for High-Cost Counties 2017
    Military.com
    The VA loan limit for 2017 is $424,100. But it could actually be substantially more if you buy a home in a high-cost county. Se...
  • Get the FAQs on VA Home Loans
    We've answered 16 of the most frequently asked VA Loan Benefit questions. View them now to get a quick understanding of your be...
  • Top 3 VA Home Loan Tips
    There are numerous advantages to having a VA mortgage. A VA mortgage loan can be guaranteed with no money down, in some cases u...
© 2016 Military Advantage