Smart Coverage for Military Homeowners

Buying a home is one of the most significant decisions a military family can make—financially, emotionally, and logistically. It’s more than an investment. It’s a commitment to stability in a lifestyle that often demands flexibility. Whether you’re still serving or have transitioned to civilian life, life insurance should be part of the equation.

While your mortgage lender might require homeowners’ insurance, it’s life insurance that helps protect what truly matters—the people living in the home you’ve worked hard to provide.

Why Military Homeownership Requires a Different Lens

Military families face unique homeownership challenges, including frequent relocations, deployment risks, and transition out of service. Whether this is your first home purchase or a long-awaited upgrade, securing the right protection means thinking beyond the mortgage.

Life insurance helps ensure that, no matter what lies ahead, your family’s housing security remains intact.

Connecting Homeownership and Life Insurance

1. It Protects More Than Just the House

   Your home represents far more than a real estate transaction. It’s the heart of your family’s daily life. Group life insurance can help your loved ones stay in the home, even if your income is no longer there to support it.

   Benefits may include:

   • Paying down or paying off a mortgage
   • Covering property taxes, HOA fees, or home maintenance
   • Replacing lost income or supplemental VA benefits
   • Providing time and resources to make long-term financial decisions



2. SGLI May Not Be Enough

   For those actively serving, Servicemembers’ Group Life Insurance (SGLI) provides a maximum benefit of $500,000. While helpful, it may not cover the combined expenses of a mortgage, education, childcare, and future financial goals.

   And for Veterans, SGLI ends upon separation. That’s why many turn to The Uniformed Services Benefit Association^® (USBA^®) for additional protection—coverage designed specifically for the military community, including those no longer in uniform.

3. Coverage Should Align with Your Future Goals

   Buying a home marks a shift in your long-term priorities. Whether you’re just starting your military career or embracing civilian life, your life insurance should reflect your current situation and future plans—not a one-size-fits-all model.

Life insurance options from USBA provide coverage designed to move with you and adapt as your financial life evolves. Options are built to suit different stages of military and post-military life:

Group Term Life Insurance

Temporary protection that works well for covering a mortgage. You’re able to “lock-in” a premium rate determined by your age, gender, and smoking status that—while not guaranteed—is expected to remain level for the term of the policy. Term life insurance options offer financial confidence while you build equity.
>>Explore Group Term Options

Group Whole Life Insurance

Whole life insurance is a form of permanent coverage that provides lifelong protection and builds cash value over time. Unlike term insurance, a whole life policy stays active as long as premiums are paid, making it ideal for those needing long-term coverage. It offers lifelong protection with the added benefit of accumulating cash value, which can be used later for significant home repairs, emergencies, or other costs.
>>Explore Group Whole Life Coverage

Protection Beyond the Policy: Safeguard Your Home, Too

We’re committed to helping you protect more than just your loved ones. Through our partnership with Farmers GroupSelect^®, USBA Members can apply for quality, customizable homeowners insurance—as well as auto, condo, RV, and other personal property coverage—all from one convenient offering.^*

Homeownership Looks Different for Everyone, So Should Your Coverage

Maybe you’re buying your first home near your installation or settling into a community as a civilian. No matter your service status, this milestone deserves protection built around your life, not the other way around.

Since 1959, USBA has helped military families and Veterans secure the life insurance they need to protect the people and homes they love. Our nonprofit mission is rooted in service, stability, and trust.

Whether you’re hanging your first set of keys or refinancing your forever home, now’s the time to strengthen your foundation.
>>Explore Coverage Options from USBA Today