American Fidelity
For both military service members and civilians, American Fidelity Life Insurance (AMFI) specializes in life insurance policies that feature cash accumulation. AMFI's plans are a suitable supplemental choice for military servicemembers because they don't have "war clauses," which are provisions found in most life insurance policies that restrict compensation for fatalities or injuries occurring while on active duty.
Most of the company's insurance plans include a war exclusion, which precludes benefits from being paid out if the insured person dies as a result of their wartime service. AMFI is one of the few firms that does not have a war exclusion, assuring that if you die while serving, your beneficiaries would receive the entire death benefit. They also provide military personnel with additional life insurance plans. AMFI's plans aren't meant to take the place of SGLI coverage. Rather, they are add-on policies that provide cash accumulation and increased death payments. Some AMFI policies provide you with extra options by allowing you to use the cash value of the policy to pay for college or an unexpected need. AMFI is a life insurance company that sells term, whole, and universal life insurance. However, the SGLI program is the sole way for the members to get term life insurance. Only universal or whole life plans are available to citizens wishing to purchase life insurance.
Headquarters: Oklahoma, United States
Number: 8504-567-401
Website: https://americanfidelity.com/