USAA Life Insurance Company

USAA or United Services Automobile Association Life Insurance Company was founded in 1963 and is headquartered in San Antonio, Texas with offices all over the United States and Europe. USAA Life Insurance Company operates as a whole-owned subsidiary of United Services Automobile Association, an insurance and diversified financial services company serving mainly active duty, former and retired U.S military officers and their dependents. This company is also a Fortune 500 financial services company that offers banking, investments, and insurance to people and families that serve, or served, in the United States military and owns or manages assets of more than $61.7 billion. In 1922, the company served the military families until now and has become one of America’s leading insurance and financial services companies. This company is licensed to operate in all states except New York, where insurance and annuities are offered by USAA Life Insurance Company of New York in Highland Falls.

What USAA Life Insurance Company Offer?

United Services Automobile Association (USSA) offers insurance options for active duty, separated and retired service members. The company gives life insurance products to people such as Medicare supplement insurance, guaranteed savings annuities, guaranteed income annuities, permanent life insurance and term life insurance. The USSA Life Insurance Company has lowered level term life insurance rates by as much as 15 percent and on its Level Term Series II policies of $300,000 or more. United Services Automobile Association’s Term life offers economical protection of something happens unexpectedly, so families must periodically think about their needs. The benefits could be used to pay for a child’s college education, the rent or mortgage, consumer loans or any debt that serves a threat to the family’s financial status. Families who used two incomes to make mortgage payments must ask whether the monthly bill could be covered by one. The company, well known for its unique service, offers its 4.3 million clients a comprehensive range of insurance, banking and investment products and services designed to help them get their financial security needs. In addition, USAA also offers variable annuities which provide benefits like multiple payout options, a guaranteed death benefit and the ability to transfer value mong the variable annuity fund accounts without charge or penalty.