Established in 1947, the mission at Armed Forces Benefit Association has been, and continues to be, to provide low-cost life insurance for military families during times of peace and war. As Armed Forces Benefit Association expanded over the years, so has its eligibility criteria and services to include online banking and other banking products, mutual funds, health insurance and financial services. Along with mortgage services, the company provides a 5Star Seniors Program, designed for individuals beyond the age of 60, and a 5Star Student Loan Program. Armed Forces Benefit Association is a nonprofit organization. Its headquarters are located in Alexandria, Va.
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