Senior Term Life Insurance

As VFW members get older, they may need additional life insurance coverage. The VFW put together this plan to help members add to their family’s financial protection and combat the impact inflation has had on older policies.

No. As long as you’re a VFW member between the ages of 50 and 74, your acceptance is guaranteed. No medical exam is required and no health questions will be asked.

Rates start as low as $3.80/month and vary by age, gender, and benefit level. Group coverage rates may be lower than what you’d find on your own. See the Rates tab for a full rate table by age and benefit amount.

Members ages 50–64 can elect $5,000, $10,000, or $20,000 in coverage. Members age 65 may elect up to $10,000. At age 80 and above, the benefit amount is reduced to $5,000. Your spouse is eligible for the same benefit level you elect.

Coverage starts on the first of the month after your enrollment is activated and the first premium payment is received by the plan administrator.

During the first two years, if death results from a covered accident, your loved ones receive the full benefit. For non-accidental death in year one, beneficiaries receive 125% of the annual premium; in year two, 250%. Full benefits apply after two years.

Administered by:
A.G.I.A., Inc.
P.O. Box 9947
Phoenix, AZ 85068-9952

A.G.I.A., Inc. is licensed/authorized to transact business in all 50 United States, and the District of Columbia. Their state of domicile is California. Matt Bishop CA Insurance License #0F00863. Matt Bishop AR Insurance License #8493373.

Underwritten by:
Securian Life Insurance Company
400 Robert Street North
Saint Paul, MN 55101-2298

Complete coverage information, including full terms and conditions, are in the certificate or policy of insurance issued to each insured individual. These materials explain the general purpose of the insurance described, but in no way change or affect the Group Master Policy 9900/9901/9902, under policy form series 17-50985 and any state variation thereof. Some provisions, benefits, exclusions or limitations herein may vary depending on your state of residence. This plan may not be available in all states. In the event of any discrepancy between this information and the policy/certificate, the terms of the policy/certificate will apply.

Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries, including Securian Life Insurance Company.

Choice of Beneficiary

The benefits payable at your death will be paid according to the beneficiary you designate on your Enrollment Form unless you change your beneficiary in writing at a later date. If no beneficiary designation has been made, the benefits payable at your death will be paid to the survivors, in equal shares, in the first of the following classes to have a survivor at your death: your spouse, your children, your parents and siblings. If there is no survivor in these classes, payment will be made to your estate. The member is automatically the beneficiary for spouse coverage.

Accidental Death Exclusions

Benefits will not be paid for any Injury or Loss which, directly or indirectly, in whole or in part, is caused by or results from any of the following: intentionally self-inflicted injury, suicide or any attempt threat while sane or insane; declared or undeclared war or act of war; military or combat activities while serving in the armed forces, National Guard, or organized reserve corps in any state, country, or international authority; sickness, disease, bodily or mental infirmity or medical or surgical treatment thereof, or bacterial or viral infection, regardless of how contracted. This does not include bacterial infection that is the natural and foreseeable result of an accidental external bodily injury or accidental food poisoning; flight in, boarding or alighting from an Aircraft or any craft designed to fly above the Earth’s surface: a. except as a fare paying passenger on a regularly scheduled commercial airline; b. being flown by the Covered Person or in which the Covered Person is a member of the crew c. being used for: i. crop dusting, spraying or seeding, giving and receiving flying instruction, firefighting, sky writing, sky diving or hang-gliding, pipeline or power line inspection, aerial photography or exploration, racing, endurance tests, stunt or acrobatic flying; or ii. any operation that requires a special permit from the FAA, even if it is granted (this does not apply if the permit is required only because of the territory flown over or landed on); d. designed for flight above or beyond the earth’s atmosphere; e. an ultra-light or glider; f. being used for the purpose of parachuting or skydiving; g. being used by any military authority, except an Aircraft used by the Air Mobility Command or its foreign equivalent; the Covered Person’s intoxication as determined according to the laws of the jurisdiction in which the accident occurred; voluntary ingestion of any narcotic, drug, poison, gas or fumes; driving while intoxicated or driving under the influence of a controlled substance; riding or driving as a professional in any kind of race for prize money or profit.

Life Exclusions

No benefit is payable in the event of suicide that occurs within the first two years after the insured’s effective date of coverage (one year in Minnesota, North Dakota and Colorado). In the event of a suicide, a refund of premiums will be paid.

Limited Benefit

This is a limited benefit policy. Benefits payable within the first two years are limited to deaths from a covered accident.