Program areas at AFBA
Provided better alternative term life insurance coverage to a population of 339,752 members and spouses. Insurance in force of $22.2 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 807 death claims totaling $34,717,883 in 2023.
Provided level term life insurance coverage to a population of 314,213 members and spouses. Insurance in force of $27.4 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 733 death claims totaling $37,596,500 in 2023.
Provided group decreasing term life insurance coverage to a population of 49,201 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 1,997 death claims totaling $9,497,350 in 2023.