Off you go! You need affordable life insurance that fits your mobile lifestyle. Watch out for hidden military service restrictions and war clauses.
Life Insurance Designed For The Military Lifestyle In times of peace and war, Navy Mutual has provided quality life insurance at affordable prices for military members and their families, since 1879.
You have a lot on your mind when preparing to deploy. Reduce the stress by following this simple checklist to take care of some of the details.
Update – or create- your will
Update your Record of Emergency Data
Consider the need for a Power of Attorney
Re-examine your life insurance plan
Review your SGLI benefits and other insurance beneficiary designations to make sure they list those you want to receive benefits
Create a spending plan that includes additional money needed for deployment related expenses while you are away
Determine how you will pay your bills while away
Make sure someone knows where all important papers are located (bank account statements, investment, deeds, and insurance policies (life, medical, property/casualty) etc.
Review your family’s assets and investments – make sure your survivors know where the money is and why it is there
Verify that someone has access to current names, addresses, and contact information for: Command Ombudsmen or Key Spouse, Emergency Relief Society and Family Support Center, Family Members, Close Friends, Attorney, Financial Planner, CPA, Place of worship, Car repair shop, Handyman for routine home maintenance
Your family depends on your income for their financial security
SGLI is limited to $400,000 – is that really enough?
You may be headed to a hazardous duty zone and want greater peace of mind
Life Insurance is designed to protect the financial security of your loved ones if you pass away. It is there to make up the difference between what your family needs and what they have available.
Learn the basics on the different types of life insurance and which one is right for you - right now.
A number of government provided benefits are available to survivors of an active duty service member or drilling reservists. Learning about these benefits now will provide peace of mind and help build a strong foundation for family financial planning. Military benefit details…
How We Can Help
Insurance plans with Navy Mutual do not carry any military service restrictions: no war clauses, no terrorism clauses, nothing. Unlike many of our competitors, Navy Mutual always allows you to purchase the maximum amount of insurance we can offer – you are not limited just because you are going to a high risk area.
Dedicated membership representative to help you determine exactly what your family needs now
Military benefits specialists that take into account any military benefits that might apply to you already
Counseling and military benefits claims assistance for your survivors
No sales fees, commissions and loads on any products or services keep your cost low
