A message from our President
New look, same mission
Welcome to the new 5Star Life Insurance Company (5Star Life) website! Our overarching goal was to improve your experience, and as you peruse through the site, you will notice many changes: new content, intuitive navigation, and an enhanced support section.
Throughout this project, one thing has not changed: our mission. 5Star Life is proud of our unique dual purpose. First, we promote the Armed Forces Benefit Association’s (AFBA) mission by underwriting its members’ benefits protecting those who serve, defend, and protect our country – military, National Guard, first responders, government employees and contractors. In parallel to that noble purpose, we serve strategically aligned markets – delivering benefits for those who keep our communities running and thriving.
Founded in 1996 to provide coverage tailored to the unique needs of service life, I encourage you to review the timeline below showing our growth and evolution in the employer group and worksite benefits markets. Today, 5Star Life enjoys financial strength and stability ensuring we will be here when our customers need us.
General Larry Spencer, USAF (Ret.)
Chair and President, 5Star Life Insurance Company
Financially secure
Rated A- (Excellent) with a stable outlook by A.M. Best.*
Strength in numbers
$55 billion life insurance in force.
Standing by insureds
$2 billion paid in death claims and health benefits.
Financially secure
Financial stability means 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 long term. 5Star Life is rated A- (Excellent) by A.M. Best.*
* The company is currently rated A- (Excellent) with a Stable Outlook by A.M. Best (affirmed January 12, 2023). For the latest Best’s Credit Rating, access www.ambest.com.
5Star Life is not affiliated with any government agency