Armed Forces Benefit Association

Provided group decreasing term life insurance coverage to a population of 45,084 members and spouses. Insurance in force of $.5 billion, underwritten by related organizations and other third party life insurance companies, in support of afba's objective to promote the welfare of its members and their families. Paid out 2,008 death claims totaling $8,815,550 in 2024.

Provided level term life insurance coverage to a population of 335,574 members and spouses. Insurance in force of $29.1 billion, underwritten by related organizations and other third party life insurance companies, in support of afba's objective to promote the welfare of its members and their families. Paid out 734 death claims totaling $40,518,500 in 2024.