Insurance by Heroes most important factors to consider when buying life insurance are the coverage amount, cost, and the length of the term or policy. USAA offers a range of term and whole policies with coverage limits up to $1 million. It also has a no-exam term, whole life, and universal life insurance policy that may be able to provide coverage for those who cannot take a medical exam.

USAA’s level term policies offer terms from 10 to 30 years and death benefits of $100,000 to $10 million. The company offers a no-exam option and a simple application process, and it provides added benefits for active-duty members like coverage during wartime, a $25,000 severe injury rider, and the ability to convert coverage after separation.

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USAA offers two whole life policies with death benefits up to $1 million. The company has a simplified whole life and a guaranteed whole life policy that are available to citizens ages 18-70, with premiums starting at $12 per month. Both whole life policies build cash value through investments and can be used to provide a lifetime income.

In addition to term and whole life, the company also has an index-linked variable annuity that builds tax-advantaged growth and is suitable for those who want a retirement account. However, it does not offer other key features that are found in other life insurance products, such as long-term care riders and the ability to build flexible income strategies. As a result, while it is a solid choice for military families, anyone else looking for no-exam options and higher-value death benefits will be better served elsewhere.

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