ALEXANDRIA, Va.--(BUSINESS WIRE)--Armed Forces Benefit Association (AFBA) and 5Star Life Insurance Company (5Star Life) today announced that CSM A. Frank Lever, USA (Ret.) has been appointed to the 5Star Life Board of Directors effective October 1, 2014.
Command Sergeant Major Lever was the senior enlisted advisor to the Director of the Army National Guard and to the Chief, National Guard Bureau on enlisted policy and procedures. He currently serves as Senior Consultant and Advisor for American Business Development Group which provides guidance to clients as they interact with the Congress and the military services.
“We are fortunate to have a leader with his breadth of experience join us as we serve those who serve this great nation,” said Ralph E. Eberhart, General, USAF (Ret.), Chairman and President, AFBA and Chairman, 5Star Life Insurance Company.
About 5Star Life Insurance Company
5Star Life is the underwriter of AFBA member policies and is also a growing provider of supplemental and other voluntary life insurance products. Its flexible business model enables 5Star Life to serve the needs of a diverse clientele — as an insurance advisor to individuals and organizations, and as a trusted partner to brokers. Headquartered in Alexandria, VA, 5Star Life is currently licensed in 49 states, the District of Columbia, Puerto Rico, the Virgin Islands, Guam, American Samoa, and the Northern Mariana Islands.
About Armed Forces Benefit Association
Headquartered in Alexandria, VA, AFBA was established in 1947 with the support of the General of the Army, Dwight D. Eisenhower. AFBA continues to fulfill the mission set forth by its founders—to promote the welfare of members and their families and to advance and safeguard their economic interests by providing high quality, low cost life insurance products and other financial benefits and services in peace and in war.
For over 67 years, AFBA has stood by our country’s armed forces. Today, AFBA is a market leader in offering low cost life insurance to members of the uniformed services of the United States, first responders, federal employees, and their families.
AFBA currently has over 400,000 members with over $37 billion of life insurance in force and in excess of $1.6 billion of claims paid since inception. These life insurance programs are underwritten by 5Star Life Insurance Company. For more information about AFBA, visit www.afba.com.