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USAA Life Insurance Company and USAA Life Insurance Company of New York

USAA life insurance companies

Company overview

Founded in 1963, USAA Life Insurance Company is among the nation's most respected life insurance companies. Along with USAA Life Insurance Company of New York, we facilitate our members' financial security through a range of products and services.

USAA Life Insurance policies offer several benefits for our military members at no additional cost, including:

  • Accelerated issue for service members preparing to deploy.
  • Coverage during wartime.

In addition, our Level Term policies offer:‍ ‍ See note 1‍ ‍,‍ ‍ See note 2

  • A severe injury benefit that provides $25,000 if the policyholder sustains certain injuries in the line of duty.‍ ‍ See note 1
  • An option to add extra coverage to replace Servicemembers' Group Life Insurance (SGLI) on separation or retirement with no medical exam.‍ ‍ See note 2

In addition to term and permanent life insurance, we offer annuities designed to create reliable retirement income. And in concert with our USAA Life General Agency, we work with select companies to offer a variety of Medicare and health solutions, as well as life insurance products.

When a member dies, our Survivor Relations Team is ready to assist. This dedicated team helps safeguard accounts and explain the documents USAA may need to help settle the details of a loved one's accounts. To learn more, visit usaa.com/survivorship.

Products and services

USAA life insurance companies

  • Term life insurance
  • Immediate annuities
  • Permanent life insurance
  • Deferred annuities
  • Medicare solutions

USAA Life General Agency

  • Other Medicare options
    • Medicare Advantage
    • Medicare Prescription Drug Plans
  • Health insurance
    • Comprehensive
    • Short-term medical
    • Fixed health benefit
  • Accidental injury
  • Vision
  • Dental
  • Cancer Insurance
  • Critical illness
  • Universal life with long-term care rider
  • Survivorship life insurance

Financial ratings

Our life insurance company maintains high ratings from three key rating agencies, reflecting our reputation as a financially strong organization.‍ ‍ See note 3 USAA Life Insurance Company's ratings are:

  • A.M. Best: A++ (Superior, highest of 16 possible ratings).
  • Moody's Investors Service: Aa1 (Excellent, second highest rating of 21 possible ratings).
  • S&P Global Ratings: AA (Very Strong, third highest rating of 21 possible ratings).

Who's eligible for USAA Life Insurance?

While USAA Life Insurance Company is focused on serving the military community, all life insurance, health insurance and retirement income products offered by USAA Life Insurance Company, USAA Life Insurance Company of New York and USAA Life General Agency are available to the public.

Media inquiries

Reporters wishing to speak to our media team should call 210-498-0940 or email external_communications@usaa.com.

The media team number shouldn't be used for any USAA account-related questions. To contact a member service representative about your account, call 800-531-USAA (8722). For additional information on USAA, visit our Contact Us page.

Related footnotes:

  1. Military Protection Plus is level term life insurance with Military Severe Injury Benefit Rider and Military Future Insurability Rider. Eagle Express Life Insurance: coverage and premiums remain level for the duration of the policy. Term Policy Form (ICC24516783 11-24) (may vary by state). Not available in New York. Military Severe Injury Benefit Rider provides $25,000 to help with the expenses in the event of certain injuries while performing eligible military duties. Rider Form LBR67140ST 05-07 (may vary by state). Military Future Insurability Rider provides an option to obtain additional life insurance coverage upon separation from the military, subject to rider terms and conditions and characterization of military separation. New policy's level term period is dependent on the length of base policy's remaining level term period. Rider Form ICC23509575 11-23 (may vary by state). Military Severe Injury Benefit Rider not available in New York.

  2. Military Protection Plus is level term life insurance with Military Severe Injury Benefit Rider and Military Future Insurability Rider. Level Term V: coverage is level for the duration of the policy. Premiums remain level for the duration of the Initial Benefit Period, then increase annually. Term Policy Form ICC2099555 01-20 (may vary by state); in New York, New York Term Series V: Form NLT99235NY 06-20. Military Severe Injury Benefit Rider provides $25,000 to help with the expenses in the event of certain injuries while performing eligible military duties. Rider Form LBR67140ST 05-07 (may vary by state). Military Severe Injury Benefit Rider not available in New York. Military Future Insurability Rider provides an option to obtain additional life insurance coverage upon separation from the military, subject to rider terms and conditions and characterization of military separation. New policy's level term period is dependent on the length of base policy's remaining level term period. Rider Form LBR97953ST 03-14 and ICC1497953 03-14 (may vary by state); in New York, Form NBR97955NY 04-15.

  3. As of June 1, 2025, A.M. Best: A++, Superior (highest of 16 possible ratings); Moody's Investors Service: Aa1, Excellent (second highest of 21 possible ratings); S&P Global Ratings: AA, Very Strong (third highest of 21 possible ratings). Ratings are subject to change. Ratings apply to USAA Life Insurance Company and USAA Life Insurance Company of New York not to the products or services they provide. Company ratings represent an opinion of financial strength and the company's ability to meet ongoing obligations to policyholders. Ratings refer to the claims-paying ability of the insurance company and do not reflect the safety or performance of any product. The rating agencies listed are independent of each other and use proprietary evaluation criteria and ratings scales. For the latest Financial Strength Ratings, visit www.ambest.com, www.moodys.com and www.spglobal.com/ratings.

Related footnotes:

  1. Use of the term "member" or "membership" refers to membership in USAA Membership Services and does not convey any legal or ownership rights in USAA. Restrictions apply and are subject to change.

  2. An annuity is a long-term insurance contract issued by an insurance company designed to provide a retirement income stream for life. Once the contract principal is converted into an income stream, you will no longer have access to your principal as a lump sum. Terms, conditions, limitations and surrender charges may apply.

  3. New York Residents — Domestic Violence Information. New York Insurance Regulation 168, titled "Confidentiality Protocols for Victims of Domestic Violence and Endangered Individuals" requires us to provide you with information related to Insurance Law 2612, which relates to discrimination based on being a victim of domestic violence, the regulatory required confidentiality of information protocols and the contact information for the New York State Domestic and Sexual Violence Hotline. You may download and print the information here (PDF).

  4. Health Insurance Solutions provided through USAA Life General Agency (LGA) known in CA and NY as USAA Health and Life Insurance Agency, working with select insurance companies to provide products to our members. LGA receives compensation from these companies, based on the total quantity and quality of insurance coverage purchased. Plans are not available in all states. Coverage is underwritten by the respective insurance company. Each company has sole financial responsibility for its products.

  5. Life insurance and annuities provided by USAA Life Insurance Company, San Antonio, TX and in New York by USAA Life Insurance Company of New York, Highland Falls, NY. All insurance products are subject to state availability, issue limitations and contractual terms and conditions. Each company has sole financial responsibility for its own products.

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