Life Insurance for Military: Which of these apply to you?
At USBA, we help active, retired, and transitioning military find the right life insurance protection for their needs. Here are the 10 reasons to consider trusting USBA with life insurance to protect your family. Which applies to you?
- You’re about to leave the military and your SGLI life insurance will end 120 days after your last day of service. You want to find affordable protection to replace it.
- You’ve already transitioned from the military and now the SGLI clock is ticking. You’re on a mission to find affordable life insurance from a provider you can trust so there’s no gap in your family’s protection.
- You’re still on active duty in the Army, Navy, Marines, Air Force or Coast Guard, but you need more than the SGLI maximum of $400,000. USBA coverage is portable; you can keep it in and out of the service.
- You want to supplement your SGLI with portable insurance you can keep no matter how many times you change jobs in civilian life.
- You’re looking for military-friendly coverage that includes an Emergency Death Benefit that can pay your spouse beneficiary an emergency payment of 50% of the proceeds (up to $15,000) on telephone notification of your death. This can be very helpful at a time when other money may be tied up for your family and hard to access.
- You’ve recently remarried and now have additional financial responsibilities for your blended family.
- You’ve recently married and you now have more than just yourself to think about.
- You’re over 50 and you want permanent lifetime coverage with cash value and guarantees.
- You and your spouse have a new addition in your family and you want to make sure there’s money for college should something happen to you.
- You want to make your own insurance decisions in the privacy of your home. But you’d also like to know you can talk with someone knowledgeable about your choices, someone who understands the unique needs of those who serve in the military.
USBA stands ready to assist you and your family. Get a free quote online—there’s no obligation. Or call 1-877-297-92365 to get answers to your questions.
Who is eligible for USBA membership?
YOU ARE if you’re an active duty or a retired member of the U.S. Army, Air Force, Marines, Air Force or Coast Guards; in the reserves (including I.R.R. and National Guard); an honorably discharged veteran; a federal civilian employee; or the spouse of any of the above. Our only mission is serving those who serve and have served the United States of America.
USBA membership has no membership fees and no annual dues. You automatically become a USBA member when your USBA life insurance application is issued.
If you’re new to USBA, here are some things you should know about our non-profit association. The people at USBA understand the needs of America’s military families. Several are retired military or have family who are active duty. We’ve safeguarded families like yours through 11 presidents, 3 wars, and repeated ups and downs in the U.S. economy. Our mission is to help active and transitioning military find affordable life insurance protection they can keep after their SGLI ends.
Get complete details about all USBA Group Life Insurance plans including age eligibility.
5 tips for transitioning military who want to be entrepreneurs
A recent Military Times article, “Starting and supporting vet-owned businesses,” focused on the growing number of veterans who are going into business for themselves. Now more than ever, it’s important for those leaving the service to consider all their career options and support fellow veterans who own their own businesses.
If you’re transitioning military and missed this article, here are five things it called out you should know about becoming your own boss.
Start with TAP: The military’s Transition Assistance Program (TAP) now offers guidance on starting a small business. Operation Boots to Business, a Small Business Administration program, is offered at TAP classes throughout the U.S.
Get help post-transition: The Entrepreneurship Bootcamp for Veterans with Disabilities, a crash course on starting and running a small business, is offered at select universities around the country. Syracuse University has V-WISE, a small-business workshop just for female vets that travels the country. The SBA’s Veterans Business Outreach Centers and district offices can also provide guidance.
Consider a franchise: Many franchise brands offer special discounts, incentives or training to franchisees who are military veterans. VetFran, a branch of the International Franchise Association trade group, includes more than 580 franchises that offer such perks, and its website lets you search for the companies by business type.
Find financing: The SBA’s Patriot Express Loan program is designed for vets and people connected to the military. Starting this year, SBA also has begun discounting and waiving loan fees for vets. Outside of the federal government, vets can turn to the nonprofit Veterans Business Fund and the crowd-funding website RepayVets.com.
Patronize other vet businesses: The Veterans Affairs Department has a searchable database of registered vet businesses at www.vetbiz.gov. The site also offers detailed instructions on how owners can register their businesses with the VA as vet-owned, which adds a company to the database and grants priority for federal contracts.
While you’re checking out your post-transition options, visit the USBA Military Jobs Center online powered by Orion International. The job placement services and white papers are 100% free. Over 25,000 veterans have found civilian careers thanks to Orion.