The Armed Forces Benefit Association (AFBA) was established
in 1947 in the basement of the Pentagon with the support of the
General of the Army, Dwight D. Eisenhower to ease the strain on
military members and their families. At the time, life insurance
that would pay a death benefit if the member was killed in combat was not available.
Today, AFBA continues to honor its mission, in war and peace, for those who serve this great nation
including our military, emergency first responders, government employees and contractors, and their
families. We continue promoting member’s welfare through death benefits and other member benefits. AFBA is proud to serve over 650,000 members and has paid nearly $2 billion in death benefits since inception.
As a related enterprise of AFBA, 5Star Life Insurance Company (5Star Life) underwrites most life insurance offered by AFBA and, in addition, is a growing provider of supplemental and voluntary life insurance to the worksite market.