Hi there…
My husband and I are in the process of looking for term life insurance policies and we could use some guidance on where to start. Here’s a bit of background that might be relevant:
- We are both veterans, in the age range of 30-35.
- We have two young kids.
- I’m currently still serving in the Reserves.
- My husband has a couple of health issues and has an 80% disability rating from the VA.
We’ve heard that convertibility options can be a good feature in term life insurance, but we’re not exactly sure what that entails or what we should be looking for in a policy. Additionally, any recommendations on companies that offer competitive quotes and good policies for our situation will be greatly appreciated. 
Hi there,
For term life insurance, look into USAA and AAFMAA; they cater to veterans. Convertibility lets you switch to whole life without a medical exam. Compare quotes, check for military discounts, and consider policies with disability benefits.
This is absolute rubbish. I recommend going to an insurance agent and purchasing a standard term policy.
Hello Jen, Term Life Insurance is a great choice due to its cost-effectiveness and adaptability.
Key Considerations:
- Coverage Amount: Assess needs for mortgage, child expenses, and future education.
- Policy Term: Opt for a term that matches financial goals; 20 or 30 years is ideal for families with young children.
- Convertibility: Allows conversion to permanent insurance without a medical exam, useful if health or finances change.
- Rider Options: Consider riders like accidental death and dismemberment (AD&D) or critical illness coverage.
Companies to Consider:
- USAA: Offers insurance products for military families.
- Veterans United: Provides life insurance tailored for veterans.
- Protective Life: Includes options for those with health issues.