No Cost $1,000 Death Benefit for Active Guard Members
This benefit is free to you. All Mississippi active guard members are covered 24/7 whether drilling or not. There’s no enrollment necessary – you are automatically eligible for this benefit should something happen to you. Death benefit is paid to named beneficiary, spouse, or next of kin.
The Basic program provides financial protection in the event of death. It also provides coverage for your spouse and/or children, all at an affordable monthly cost.
Basic coverage gives you 4 options. After 12 consecutive months, you are eligible for increased insurance which becomes effective on the next June 1 following completion of the 12 month period. The additional coverage is at no-cost to you.
Amount Monthly cost After 12 months
$10,000 $3.80 $12,500
$16,000 $6.00 $21,000
$25,000 $8.95 $32,500
$35,000 $12.25 $45,000
If you and your spouse are both members of the MS National Guard you must have your own individual coverage. Either you or your spouse can apply for coverage on children but not both.
Spouse Each child Monthly cost
$10,000 $2,500 $3.00
$15,000 $5,000 $4.00
$30,000 $10,000 $8.00
$50,000 $15,000 $13.00
Separation: If you have been insured for 12 consecutive months, you can retain your basic coverage until age 60. You may keep the same amount in force except for the extra increased insurance. You can pay the monthly contribution on a direct bill basis.
Retirement: At retirement, if you have 20 years of service and have been insured for 12 consecutive months, coverage continues in force until age 60 at the same premium. Between 60 – 70 death benefit reduces to $10,000, spouse benefit to $10,000, and dependent children to $2,500. At age 70, death benefit reduces to $5,000, spouse benefit to $5,000, and dependent children remains at $2,500.
Spouse retention: A surviving spouse age 59 or less of an insured member who dies before age 60 can retain the coverage he/she carried as a dependent of the deceased Guard member and may include related coverage on the already insured dependent children at a slightly higher cost.
Both the Basic and Enhanced coverage offer no combat or terrorism exclusions. No geographical area exclusions.
When you have the maximum coverage in the Basic program, you can purchase additional coverage. The Enhanced program provides affordable term life insurance with a level death benefit and only 3 age bands for contributions.
Affordable life insurance
You can purchase $50,000 of protection for as little as $4 a month if you’re under 50 years of age and don’t use tobacco products. Contributions increase at each age band as shown below.
No medical exam for Guard members under age 50 applying for up to $250,000 of coverage and ages 50-59 up to $100,000. For spouses, no medical exam under age 40 up to $250,000 and under age 50 up to $150,000. Just complete the enrollment form and answer a few health questions.
Coverage from $50,000 to $400,000
Based on your individual situation, you decide how much coverage is right for you and your family.
Emergency death benefit payment
Emergency death benefit payment of up to $15,000 within one business day of notification to help your loved ones with immediate costs.
Full coverage after retirement or separation
As long as contributions are paid, coverage continues to age 70*. There are no occupation restrictions, so regardless of what you do after the military, you’re covered. Regardless of any health issues that may develop in the future, you’re still covered. Upon retirement or separation, policy contributions will be paid directly to AFBA rather than through allotment.
You can easily purchase coverage for your spouse on the same application.
Monthly Contributions (Male/Female) Non-Tobacco
*Tobacco user contributions are two (2) times non-tobacco user contributions. Tobacco user is one who has used any tobacco product in the past 12 months.
Age $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000
18-49 $5.00 $10.00 $15.00 $20.00 $25.00 $30.00 $35.00 $40.00
50-59 $18.00 $36.00 $54.00 $72.00 $90.00 $108.00 $126.00 $144.00
60-69 $44.00 $88.00 $132.00 $176.00 $220.00 $264.00 $308.00 $352.00
You can provide the protection and peace of mind your loved ones need at affordable rates with AFBA. All active Mississippi National Guard members are eligible to apply. In addition to peace of mind, an AFBA membership gives you access to a wealth of benefits and products designed with your needs in mind.
Visit www.afba.com for complete details on other member benefits.
* After 70th birthday, Enhanced coverage terminates on coverage anniversary date.
Apply here online or print the attached application at the top of this page and mail or scan to the following:
National Guard Association of Mississippi
Attn- Mrs Tammy Graves
PO Box 627
Jackson, MS 39205-0627