Company: AAFMAA

Website: and SpouseLink

Rating: 9/10 (Disclosure)

Resource Review:

Wow! I can’t believe that it’s taken me this long to get to sharing about a resource that I not only love, but that I use personally. You see I am a huge believer in life insurance and while I am grateful for the “standard” coverage we receive and opt into under our military contract – well in my opinion it’s not enough.

About 5 years ago, when my spouse was deployed it really hit me that if something happened to him, I needed to ensure that my family was taken care of, and AAFMAA is the perfect option. And earlier this year, during the shutdown, I was reminded how important it is to have options that are not controlled by Uncle Sam.

What I love about AAFMAA’s resources are that their services are affordable, give us the coverage and benefits we look for in a life insurance company all while understanding the unique needs we have as a military family.

The company serves all ranks of Army, Marine Corps, Navy, Coast Guard, and Air Force who are:

  • Active Duty (or within 120 days after separation)
  • Guard or Reserve (full or part time)
  • USMA, USNA, USMMA, USCGA, and USAFA cadets or midshipmen
  • ROTC contract/scholarship cadets
  • Retirees
  • Honorably Discharged Veterans residing in Connecticut, Florida, Hawaii, Maryland, North Carolina, Oklahoma, South Carolina, or Virginia.

And here is a sampling of some of the services they offer and why their plans/benefits cater to the military community:

Low-Cost Insurance

AAFMAA offers some of the lowest-cost insurance in the business. The details of their plans, costs and benefits are considerably different than anything available in the commercial marketplace.

And yet, price should not be the only comparison. All insurance policies are not the same and military families have to understand what they are getting for what they pay. Many commercial plans have exclusion clauses that mean they don’t have to pay if the policyholder dies in battle, by an act of terrorism, or in an aircraft crash, for instance. Not only are AAFMAA life insurance policies less expensive than the competition, they also have no exclusion clauses. AAFMAA coverage is available up to $1,000,000 regardless of the dangers faced.

  All AAFMAA Life Insurance Policies Include:

    • Competitive rates for service members and military spouses
    •  Survivor Assistance Services for members’ spouses
    • No war, terrorist or aviation clauses, exclusions or surcharges
    •  No coverage limitations based on deployment status
    • Coverage available up to $1,000,000 ($800,000 term)
    • Continuation after separation or retirement from the Military (as policy allows)

Low-Cost Loans

Everyone knows the feeling of being stretched a bit too thin at times. AAFMAA offers low-cost loan program known as CAP, which dishes-up as much as $4,000 in cash at just 1.5% interest to help service members get through hard times.  These loans are for AAFMAA members who are on Active Duty, including Guard and Reserves in pay grades E5-E9, WO1, CW2 and 01-03.  Other requirements apply.

Spousal Services

The loss of a loved one is the greatest challenge a military family will face. Dealing with these decisions would be hard enough, but to make life-long choices in a time of anguish can be overwhelming. AAFMAA Survivor Services is there with sound and caring advice and a steady hand in navigating the maze of benefits and entitlements.

Survivor Assistance Services (Included with all member policies)

Losing a loved one is never easy. AAFMAA’s Survivor Assistance Services Team helps with immediate, personal and knowledgeable assistance.

The military is more than a collection of individuals. When they serve, their families serve, too. Only AAFMAA offers, an invaluable online tool connecting and strengthening the broad network of military spouses who hold these families together. For advice, the latest news from the military community or just a sympathetic ear, is the place for military spouses.

(P.S. You may even recognize some of the DD posts I’ve shared on Spouselink)

Member Benefits

As one of the AAFMAA family, you have access to a range of services to help you through every stage of life—in the military and beyond. Their Member Services Team offers expert guidance on military benefits and entitlements. The Survivor Assistance Services Team offers compassionate and caring assistance in difficult times from the moment of death notification through the surviving spouse’s entire life.

Wealth Management

For over 134 years, AAFMAA has had the best interests of its members at heart. Our Wealth Management experts work closely with you to develop and implement a plan appropriate for your—and your family’s— specific financial situation and goals.

Financial Planning Buying a home. Saving for college. Retirement planning. We all have financial goals we want to achieve. From financial roadmaps and cash flow analysis to retirement and estate planning, AAFMAA can help you plan for a secure future.

Investment Management Managing and growing your hard-earned money is key to a secure future. The AAFMAA experts help determine your optimum investment strategy, define and manage a portfolio customized for your goals.

Trust Services A well drawn trust manages and distributes assets on behalf of its beneficiaries. As your trustee, AAFMAA Wealth Management and Trust works to ensure that your wishes are carried out.

More information about AAFMAA can be found on their website at or toll-free at 1-877-522-5221.

Solutions for Your Military Family:

Life Insurance, Wealth Management, Mortgages, Survivor Services, and more.

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