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Military Service and Life Insurance
By Frank Addessi
May 10, 2013
Over 1.3 million American men and women now serve in the U.S. armed forces. There are many well-known benefit programs offered to these military personnel – one of the most important (and possibly overlooked) of these is exclusive access to low cost life insurance policies.
For both civilians and military personnel, life insurance policies function in the same way: providing security for an individual’s dependents and loved ones in the event of their death. However, service members aren’t offered exclusive life insurance deals out of plain patriotic goodwill. These policies exist because civilian life policies contain exclusions that render them inadequate for members of the military.
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Hiring Our Heroes, a program of the U.S. Chamber of Commerce Foundation, was launched in March 2011 as a nationwide initiative to help veterans, transitioning servicemembers, and military spouses find meaningful employment. Working with the U.S. Chamber of Commerce’s vast network of state and local chambers and other strategic partners from the public, private, and non-profit sectors, our goal is to create a movement across America in hundreds of communities where veterans and military families return every day. Hiring Our Heroes has hosted more than 560 hiring fairs in all 50 states, Puerto Rico, and the District of Columbia. Through March 31, 2013, 20,200 veterans and military spouses had obtained jobs.
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