There are many factors to consider when determining how much life insurance is needed. These factors include paying off a mortgage or other debts, caring for young children, providing for education costs and replacing lost income. These needs can be offset with other assets or income and will vary base on the ages of family members. AAFMAA can help guide you through these various factors so that you can make the right insurance coverage decision for your needs.
One member who recently suffered the loss of her active duty husband had this to say:
“Our future, especially that of our children, was always a concern for us. AAFMAA was very helpful and quickly provided us with what we needed. … It was such a relief to not have to worry about finances during such a terrible and heartbreaking time in our lives. I am not sure what my children and I would have done without it. No one ever wants to plan for tragedy, but my family learned first-hand that it is so worth it to plan and prepare to take care of your family and loved ones just in case!”
AAFMAA is a non-profit, member-focused association that has served the American Armed Forces since 1879. Its insurance experts do not work on commission, but provide no-pressure, objective assessments of what is in the best interest of you and your family. To discuss your life insurance needs, call AAFMAA at 1-877-398-2263 or get more information from our website: www.aafmaa.com.
John Sledgianowski is an AAFMAA Benefits Advisor.