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Established in 1879 and headquartered in Arlington, Virginia, Navy Mutual offers term and whole life insurance policies for service members in all branches of the US Military, as well as in the U.S. Public Health Service and the National Oceanic and Atmospheric Administration (NOAA). To be eligible, applicants must be on active duty, in the reserves, or retired. Honorably discharged former members living in 11 states may also be eligible.
- The only 100% no medical exam term life insurance
- Ages 18 to 60 are eligible to apply
- Term life policies $50,000-$1.5 million in coverage
- Company offers 10, 15, 20, 25, and 30-year terms
- Monthly premiums as low as $10
- Featured in WSJ, CNN, Forbes, TechCrunch & Money.com