Spouse Life Insurance at Life

Spouse Life Insurance. It pays an additional benefit if you die or are seriously injured in an accident. As a milspouse, you’re an irreplaceable part of the military community.

It differs from traditional life insurance plans in that you don’t purchase the policy yourself. Beneficiaries named receive a payout, known as a death benefit, in the event of a loved one’s untimely death. This means that if a policy owner dies the beneficiary gets not only the death benefit but also the.

Medal of Honor Means Benefits for Life

Accidental death and dismemberment (ad&d) terminates at age 75; Beneficiaries named receive a payout, known as a death benefit, in the event of a loved one’s untimely death. Spouse life insurance replaces your husband or wife’s income or the services they provided to your family. Supplemental accidental death and dismemberment insurance that covers you in addition to your basic policy.