Program areas at AFBA
Provided better alternative term life insurance coverage to a population of 331,294 members and spouses. Insurance in force of $21.2 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 948 death claims totaling $38,990,049 in 2022.
Provided level term life insurance coverage to a population of 298,272 members and spouses. Insurance in force of $25.9 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 759 death claims totaling $42,159,750 in 2022.
Provided group decreasing term life insurance coverage to a population of 53,508 members and spouses. Insurance in force of $.6 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 2,137 death claims totaling $10,600,450 in 2022.