Company Overview

5Star Life Insurance Company (5Star Life), a related enterprise of the Armed Forces Benefit Association (AFBA), is a growing provider of supplemental and voluntary life insurance to the worksite/group markets. Insurance is sold by 5Star Life contracted independent brokers/producers committed to offering insurance products customized to fit the needs of their clients.

Unlike many large companies in the life insurance industry, 5Star Life does not try to be everything to all people. You can feel comfortable you are working with a niche player with years of experience and happy to be focused on a few target markets with products and services designed around the needs of those markets.

You can be assured of our financial stability and know we will be here to keep our promise and pay claims when the time comes. Our corporate strategy focuses on ensuring measured, profitable growth that enables us to be sustainable over the long term. 5Star Life is rated A- Excellent by A.M. Best* and among life insurance companies our size and scope, we are one of the highest rated. According to 2017 Independent Comparative Report, 5Star Life exceeds life insurance industry averages in liquidity ratio, net premiums to capital, capital and surplus to liabilities, percent of investment portfolio rated investment grade.**

Founded in 1996, today 5Star Life insures over 800,000 lives with $41.8B insurance in force. We strive to provide a flexible business model that enables us to serve the needs of our diverse clientele — an insurance advisor to individuals and organizations, and a valued partner to brokers.

AFBA was established in 1947 with the support of the General of the Army, Dwight D. Eisenhower, to ease the strain on military members and their families during wartime. At that time, service members could not purchase life insurance that would pay a death benefit if the member was killed in a war zone.

From its first offices in the basement of the Pentagon, and for nearly 70 years, AFBA has served the Armed Forces in times of war and peace. Serving those who serve this great nation.

As a related enterprise of AFBA, 5Star Life underwrites most life insurance offered by AFBA. 5Star Life is a Baton Rouge, Louisiana-domiciled life insurance company headquartered in Alexandria, VA. Click here to access our privacy policy.  Need to contact us? For regulatory, policy or other inquiries see our Inquire page or click on the Get In Touch button at the bottom on this page.


*The company is currently rated A- (Excellent), negative outlook, by A.M. Best Company (reconfirmed July 20, 2017). A.M. Best, a leading independent analyst of the insurance industry since 1899, has assigned the rating of A- (Excellent) to 5Star Life Insurance Company. The A- (Excellent) rating is the fourth highest of 16 ratings ranging from“A++” (Excellent) to “S” (Rating Suspended).

** As of December 2016.

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