Our history

1947
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1947

Our parent company, AFBA was founded at a time when commercial companies would not pay life insurance benefits if a servicemember died in combat. 

1996
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1996

5Star Life Insurance Company was established to provide AFBA members coverage tailored to the unique needs of service life. Since then, 5Star Life has grown and evolved into other segments including the employer group and worksite benefits markets. 

2000
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2000

5Star Life takes over coverage for AFBA life insurance member benefits from prior carrier. Dedicated to a positive member experience.

2003
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2003

We enter the worksite voluntary benefits market offering life insurance coverage to individuals who make our communities thrive and their families.

2015
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2015

We added a Quality of Life rider to our life insurance product to help ensure stability for families in cases of permanent inability to perform activities of daily living, or permanent severe cognitive impairment.

2016
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2016

Our accident and healthcare indemnity products were introduced to supplement existing coverage and provide protection for all of life’s unexpected turns.

2017
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2017

We opened our Lincoln, Nebraska office that includes our Claims Ambassadors who help assist family members, beneficiaries, and our business partners navigate the claims process. 

2018
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2018

We launched our group Family Protection Plan to provide valuable coverage that can complement any employer provided or privately held plan.

2022
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2022

Expanded our presence in Lincoln, Nebraska to handle full administration of worksite business.

2023
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2023

5Star Life Insurance Company is recognized in the Forbes list of World’s Best Insurance Companies.

2024
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2024

5Star Life Insurance Company has once again been recognized as one of the top insurance companies, securing a place on the 2024 Forbes World’s Best Insurance Companies List.

2025
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2025

5Star Life Insurance Company has been named one of the world’s best insurance companies for three years in a row. 

Today
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Today

5Star Life offers a portfolio of employee benefit plans to fit every need and budget. Our plans are customizable which helps to ensure that our suite of solutions is as unique as the needs of the consumer.

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      Our products

      Life Insurance

      Life Insurance

      Provides coverage or supplements your existing coverage to help protect your family.

      Accident Insurance

      Accident Insurance

      Provides cash benefits from day one for medical treatment received for covered accidents and injuries.

      Healthcare Indemnity

      Healthcare Indemnity

      Pays cash benefits from day one when you are hospitalized or receive other covered medical treatment.

      Gap Insurance

      Gap Insurance

      Helps reduce out-of-pocket medical expenses for covered events under the employee’s major medical insurance plan.

      ExcellentGoogle star 1Google star 2Google star 3Google star 4Google star 54.573 reviews
      4.5Google star 1Google star 2Google star 3Google star 4Google star 5
      Excellent73 reviews
      Posted on Google Google
      Alphonso Butler profile picture
      Alphonso Butler
      0 days ago
      Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
      I spoke with Lety and prefer to speak with a human not a robot.
      Posted on Google Google
      Brad Davis profile picture
      Brad Davis
      0 days ago
      Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
      Lety was very helpful as are all of the team whenever I have needed assistance.
      Posted on Google Google
      Kelly profile picture
      Kelly
      0 days ago
      Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
      Lety was so helpful and kind! Best customer service ever.
      Posted on Google Google
      Rubi Borjas profile picture
      Rubi Borjas
      0 days ago
      Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
      Bella was very helpful and professional. I needed to reset my password for the online portal and request copy of my policy documents and she was able to help me and made the process very quick 🫶🏻
      Posted on Google Google
      Mary White profile picture
      Mary White
      0 days ago
      Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
      Customer service was great thank you for your service today Lety.
      Posted on Google Google
      Rhonda Lee profile picture
      Rhonda Lee
      1 days ago
      Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
      LETY was amazing. She was very informative, answered all my questions, and waited on the phone to make sure the emails she sent came through. She was very cheerful and friendly. Speaking to a live person, especially Lety, was much more helpful and pleasant than speaking to an AI robot!! Thank you for your service Lety!
      Posted on Google Google
      Darlene Lockett profile picture
      Darlene Lockett
      1 days ago
      Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
      I have called this company twice. I have talked with Shaylyn, customer service representative. She is the best. She is concerned about what issues you might have and very professional. Not once did I feel like she was trying to rush me off the phone. She is a great listener. She took care of all my concerns and I am grateful that she was my representative. SHAYLYN receives an A+.
      Posted on Google Google
      Ed Gray profile picture
      Ed Gray
      1 days ago
      Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
      It was great speaking to a human - Lety. She was very efficient and helped me solve my issue. Thank You!
      Posted on Google Google
      mike Abbott profile picture
      mike Abbott
      1 days ago
      Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
      Really is the best . A flawless experience with associate.
      Posted on Google Google
      Elizabeth Becker profile picture
      Elizabeth Becker
      1 days ago
      Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
      Realmente muy contenta con el servicio que recibí de parte de Leticia, muy amable, muy paciente y lo mejor de todo es que habla español

      5Star Life is not affiliated with any government agency.AM Best and Netter Business Bureau Logos