American Legion: Life Insurance Benefits And Coverage

The American Legion has partnered with USAA, the nation's top-ranked insurance and financial services company, to provide its members with a range of financial and insurance services. This includes guaranteed whole life insurance for those aged 45-85, as well as discounts on home, auto, and life insurance. In addition, members of the American Legion Auxiliary can access the Allegiance Accident Protection Plan, which provides a policy payout in the event of an accident, and the Guaranteed Acceptance Senior Term Life Insurance Plan, offering up to $10,000 in benefits without a medical exam or health questions.

The American Legion offers life insurance discounts to its members

The American Legion offers its members a range of insurance discounts. Members can access discounts on insurance plans for home, auto, life, and pets. The Legion has partnered with USAA, the Preferred Provider of Insurance and Financial Services, to offer members a full range of financial and insurance services.

The American Legion also offers LegionCare, a no-cost accidental death benefit of $5,000, to Legionnaires in good standing. This benefit is provided through the Legionnaire Insurance Trust (LIT) and is available to all Legionnaires, regardless of their health status. Additionally, members can receive a free retirement consultation from American Senior Benefits (ASB) and up to a 20% discount on pet insurance plans through Spot Pet Insurance Services, LLC.

The American Legion provides valuable financial and insurance benefits to its members, including guaranteed whole life insurance for those aged 45-85. Members can also access exclusive discounts on a variety of products and services, such as car rentals, home services, travel, and more, through participating providers.

Life insurance is an important financial decision, and The American Legion's partnerships with USAA and LIT provide members with valuable options for securing their financial future and protecting their loved ones. Members can rest assured that they have access to quality insurance services at competitive rates through their membership with The American Legion.

The LegionCare program provides accidental death benefits

The program includes a $5,000 no-cost accident benefit, which provides a Legionnaire's family members with financial support in the unfortunate event of the Legionnaire's death due to a fatal accident while on official American Legion business. This ensures that their loved ones receive assistance during a difficult time.

Additionally, the LegionCare program also offers a $1,000 no-cost accident benefit. This benefit is applicable when a Legionnaire passes away due to any other covered accident. This additional layer of support can provide peace of mind and help alleviate financial burdens for the family members of Legionnaires.

It is important to note that while Legionnaires cannot be turned down for this coverage, they must ensure that they have activated their LegionCare benefits. This activation step is crucial to ensuring that their family members can access the financial support provided by the Legionnaire Insurance Trust in the event of an accidental death.

By offering these accidental death benefits, the LegionCare program demonstrates its commitment to supporting Legionnaires and their families. It provides a sense of security and assurance that, should the unthinkable happen, their loved ones will receive assistance and be taken care of. This is especially valuable for those who are actively involved in official American Legion business and activities.

Members can access financial and insurance services through USAA

The American Legion has partnered with USAA, the nation's top-ranked insurance and financial services company, to provide members with access to a comprehensive range of financial and insurance services. This partnership allows Legion members to benefit from USAA's extensive experience in serving the military community, veterans, and their families since 1922.

Through this collaboration, members of The American Legion can take advantage of various insurance plans, including life insurance options. USAA offers guaranteed issue whole life insurance for individuals aged 45 to 85, providing peace of mind and financial security for Legionnaires and their loved ones. Additionally, members can also access discounted rates on other insurance products, such as home, auto, and pet insurance, ensuring comprehensive coverage for all aspects of their lives.

The American Legion's relationship with USAA goes beyond insurance. Members can also apply for a separate credit card through the dedicated Legion-USAA website. This credit card not only offers financial convenience but also contributes to a greater cause. For every USAA membership originating from this website, Legion programs receive a financial donation from USAA. This means that by utilizing the financial services provided by USAA, members actively support the organization's initiatives.

Furthermore, The American Legion also offers its members additional financial benefits and resources. Members can receive a free retirement consultation from American Senior Benefits (ASB), helping them plan for their future without any cost or obligation. The American Legion also provides educational resources, such as the "Life Insurance: Costs and Benefits" guide, which equips members with valuable knowledge about different types of insurance, their features, and how to make informed decisions based on their specific needs.

Overall, The American Legion's collaboration with USAA and other financial partners empowers members with access to a diverse range of financial and insurance services. Through these partnerships, Legionnaires can secure their financial well-being, protect their families, and contribute to the organization's growth, all while receiving exclusive benefits and discounts.

Whole life insurance is available for those aged 45-85

The American Legion does offer life insurance to its members. Whole life insurance is available for those aged 45-85. This is a guaranteed issue whole life insurance policy, which means that applicants are not required to undergo a health check or answer questions about their health. The policy is available for a fixed premium and includes a savings element or cash value, which the policyholder can borrow against at favourable rates. This type of insurance is often chosen to provide an inheritance for children or other family members, to pay off mortgages or other debts, or to cover final expenses and funeral costs.

Whole life insurance policies tend to have substantially higher premiums than term insurance because they build up a cash value. During the first year, much of the cash value may be used by the insurance company to cover commission payments, but over time, the cash value will increase. Whole life insurance policies are often fixed in terms of premiums paid and death benefits. The insurance company calculates the probable return of its reserve fund and, based on the age and health of the insured person, it determines a fixed benefit in exchange for a certain premium.

The American Legion's whole life insurance policy is underwritten by USAA, the Preferred Provider of Insurance and Financial Services to the organisation. USAA has proudly served the military community, veterans and their families since 1922. Insurance plans may not be available in all states, so it is recommended to call 1-800-780-0319 for quotes and information.

The American Legion Magazine includes information on insurance

The American Legion Magazine is a publication that members of The American Legion receive for free. It is the largest veterans magazine in the nation. Each month, the magazine features interesting stories, interviews, graphics, photos, and ads that are relevant to Legionnaires and their families.

The American Legion also offers a range of insurance services to its members, including discounts on home, auto, and life insurance. Members can also access pet insurance, with a special discount of up to 20% on plans that cover accidents, illnesses, emergencies, behavioural issues, cancer, surgery, and more.

The Legionnaire Insurance Trust (LIT) provides Legionnaires in good standing with LegionCare, a no-cost accidental death benefit of $5,000. This coverage is available to all Legionnaires, regardless of their health status, but activation is required. LegionCare provides financial support to the family of a Legionnaire who passes away in a fatal accident while on official American Legion business.

Additionally, members can take advantage of guaranteed whole life insurance for ages 45-85, with potential discounts of up to 20% on plans. The American Legion has partnered with USAA, the nation's top-ranked insurance and financial services company, to offer Legion members a comprehensive range of financial and insurance services.

The American Legion's website also provides resources and information on life insurance costs and benefits, addressing common concerns and misconceptions about life insurance. It highlights the importance of life insurance in providing financial security for families, covering final expenses and funeral costs, paying off debts and mortgages, and providing income for surviving spouses and inheritance for children.

The American Legion's Planned Giving program allows individuals to establish their legacy of support for the organization while also meeting their current financial needs. By learning about the different types of insurance and conducting research, individuals can make informed decisions about their insurance choices.

Frequently asked questions