Disclaimer:
The U.S. Government does not sanction, recommend or encourage the sale of this
product.
Subsidized life
insurance may be available from the Federal Government. Subject to terms and conditions of the policy,
including exclusions and limitations. There is no insurance coverage unless you apply and are accepted
by
AAFMAA, a policy is issued, delivered, and accepted by you, and you pay the required premiums.
AAFMAA's
life insurance exclusively for military families described above consists of separate life insurance
policies that may be purchased separately. Each policy is separately underwritten and priced. The
example
price of $12 per month is the total ($2.95 + $2.95 + $5.20) of three policies rounded up to the nearest
whole dollar.
* The CAP loan is a benefit of AAFMAA membership for current servicemembers in the
U.S. Armed
Forces,
National Guard, or Reserves in ranks E-5 to E-9, WO1, CW2, and O-1 to O-3, with at least $250,000 of
term
life insurance or $50,000 of Value-Added Whole Life Insurance in force.
No war, aviation, or terrorist clause. Coverage stays with you after you leave the
military.
All policies
come with Survivor Assistance Services.