ING is a global financial Services company of Dutch origin with 150 years of experience, providing a wide array of backing, insurance and assest management services in over 50 countries. Their 114,000 employees work daily to satisfy a broad customer base: individuals, families, small businesses, large corporations, institutions and governments. Bases on market capitalization, ING is on of the 20 largest financial institutions worldwide and ranked in the top-5 provider of life insurance in the United States.
Armed Forces Benefit Association (AFBA) was established in February 1947 with the approval of the Secretary of War, Mr. Robert Patterson. The Chief of Staff, General of the Army Eisenhower also approved the establishment of this non-profit voluntary membership Association "to promote the general welfare and economic interests of its members and their families by providing superior benefits and services principally to military families during peace and war." Membership in AFBA today is available to all members of the Uniformed Military Services, Department of Defense, Department of Homeland Security, First Responders, and other Federal Government employees.
Since 1947, AFBA has paid death claims to the beneficiaries of its members serving in Korean, Vietnam, And Persian Gulf conflicts, the terrorist attack on the Pentagon and the Iraqi and Afghan operations. AFBA continues to keep its rolls open during the "War on Terrorism." AFBA covers nearly 300,000 members with over $36 billion of insurance in force. Claims paid exceed $1 billion.
Today, AFBA is under the leadership of a Board of Directors of senior active duty and retired military personnel. AFBA continues to honor the mission set forth by its founders--to provide high quality, low cost life insurance products and other financial benefits and services to military families in peace and in war.
Uniformed Services Benefit Association (USBA) was established in 1959 by a group of active duty servicemen. The Association is a non-profit, non-commercial, tax-exempt organization with a Board of Directors consisting of retired senior officers and enlisted members. USBA provides low cost life insurance plans and other financial services specifically designed for the Active Duty, National Guard, and Reserves to include Retired Military Service members and Honorably Discharged Veterans.
