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AAFMAA
American Armed Forces Mutual Aid Association (AAFMAA) is a Virginia-based not-for-profit, tax-exempt, member-owned association that provides diversified financial services, including life insurance, investing and trust services, mortgage services, and survivor services to the U.S. Armed Forces communities. At the end of 2019, Membership exceeded 85,000 AAFMAA was founded in 1879 by a group of Army officers in response to the 1876 Battle of the Little Bighorn to provide financial assistance to the families of deceased soldiers. AAFMAA has since expanded to offer wealth management, trust, and mortgage services to past and present members of the Armed Forces. History AAFMAA was established on January 13, 1879, in response to the 1876 Battle of the Little Bighorn to provide financial assistance to the families of deceased soldiers. The founding documents of the association were prepared by a committee of Army Officers chaired by Brigadier General Roger Jones. The associatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Life Insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; common examples include claims relating to suicide, fraud, war, riot, and civil commotion. Difficulties may arise where an event is not clearly defined, for example, the insured knowingly incurred a risk by consenting to an experimental m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Life Insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; common examples include claims relating to suicide, fraud, war, riot, and civil commotion. Difficulties may arise where an event is not clearly defined, for example, the insured knowingly incurred a risk by consenting to an experimental m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fort Myer, Virginia
Fort Myer is the previous name used for a U.S. Army post next to Arlington National Cemetery in Arlington County, Virginia, and across the Potomac River from Washington, D.C. Founded during the American Civil War as Fort Cass and Fort Whipple, the post merged in 2005 with the neighboring Marine Corps installation, Henderson Hall, and is today named Joint Base Myer–Henderson Hall. History In 1861, the land that Fort Myer would eventually occupy was part of the Arlington estate, which Mary Anna Custis Lee, the wife of Robert E. Lee, owned and at which Lee resided when not stationed elsewhere (see Arlington House, The Robert E. Lee Memorial). When the Civil War began, the Commonwealth of Virginia seceded from the United States, Lee resigned his commission, and he and his wife left the estate. The United States Government then confiscated the estate and began to use it as a burial ground for Union Army dead (see Arlington National Cemetery), to house freed slaves (Freedmen's Vill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Veteran
A veteran () is a person who has significant experience (and is usually adept and esteemed) and expertise in a particular occupation or field. A military veteran is a person who is no longer serving in a military. A military veteran that has served directly in combat in a war is further defined as a war veteran (although not all military conflicts, or areas in which armed combat took place, are necessarily referred to as ''wars''). Military veterans are unique as a group as their lived experience is so strongly connected to the conduct of war in general and application of professional violence in particular. Therefore, there are a large body of knowledge developed through centuries of scholarly studies that seek to describe, understand and explain their lived experience in and out of service. Griffith with colleagues provides an overview of this research field that addresses veterans general health, transition from military service to civilian life, homelessness, veteran empl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Military Base
A military base is a facility directly owned and operated by or for the military or one of its branches that shelters military equipment and personnel, and facilitates training and operations. A military base always provides accommodations for one or more units, but it may also be used as a command center, training ground or proving ground. In most cases, military bases rely on outside help to operate. However, certain complex bases are able to endure on their own for long periods because they are able to provide food, water and other necessities for their inhabitants while under siege. Bases for military aviation are called military air bases, or simply "air bases". Bases for military ships are called naval bases. The environmental impact of a given military base is dependent on its size and the manner of operation conducted at the base. Commonly, habitat destruction, reductions in soil quality, chemical contamination, and noise pollution are among the environmental damages ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Veterans Affairs
The United States Department of Veterans Affairs (VA) is a Cabinet-level executive branch department of the federal government charged with providing life-long healthcare services to eligible military veterans at the 170 VA medical centers and outpatient clinics located throughout the country. Non-healthcare benefits include disability compensation, vocational rehabilitation, education assistance, home loans, and life insurance. The VA also provides burial and memorial benefits to eligible veterans and family members at 135 national cemeteries. While veterans' benefits have been provided by the federal government since the American Revolutionary War, a veteran-specific federal agency was not established until 1930, as the Veterans Administration. In 1982, its mission was extended to a fourth mission to provide care to non-veterans and civilians in case of national emergencies. In 1989, the Veterans Administration became a cabinet-level Department of Veterans Affairs. The age ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Term Life Insurance
Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the life insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is typically the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time. Term life insurance can be contrasted to permanent life insurance such as whole life, universal life, and variable universal life, which guarantee coverage at fixed premiums for the lifetime of the covered individual unless the policy is allowed to lapse due to failure to pay premiums. Term insurance is not generally used for estate planning needs or chari ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whole Life Insurance
Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. As a life insurance policy it represents a contract between the insured and insurer that as long as the contract terms are met, the insurer will pay the death benefit of the policy to the policy's beneficiary, beneficiaries when the insured dies. Because whole life policies are guaranteed to remain in force as long as the required premiums are paid, the premiums are typically much higher than those of term life insurance where the premium is fixed only for a limited term. Whole life premiums are fixed, based on the age of issue, and usually do not increase with age. The insured party normally pays premiums until death, except for limited pay policies which may be paid up in 10 years, 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morrisville, North Carolina
Morrisville is a town located primarily in Wake County, North Carolina, United States (a small portion extends into neighboring Durham County). The population was 18,576 at the 2010 census. The U.S. Census Bureau estimated the town's population to be 28,846 as of July 1, 2019. Morrisville is part of the Research Triangle metropolitan region. The regional name originated after the 1959 creation of the Research Triangle Park, located midway between the cities of Raleigh and Durham. The Research Triangle region encompasses the U.S. Census Bureau's Combined Statistical Area (CSA) of Raleigh-Durham-Cary. The estimated population of the Raleigh-Durham-Cary CSA was 1,565,223 as of July 1, 2006, with the Raleigh-Cary Metropolitan Statistical Area (MSA) portion estimated at 994,551 residents. The operational headquarter of an American -Chinese multinational technology company Lenovo is located in the municipal limits. History The area was originally named in 1852 after Jeremiah Morris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fayetteville, North Carolina
Fayetteville () is a city in and the county seat of Cumberland County, North Carolina, United States. It is best known as the home of Fort Bragg, a major U.S. Army installation northwest of the city. Fayetteville has received the All-America City Award from the National Civic League three times. As of the 2020 census it had a population of 208,501, It is the 6th-largest city in North Carolina. Fayetteville is in the Sandhills in the western part of the Coastal Plain region, on the Cape Fear River. With a population in 2020 of 529,252 people, the Fayetteville metropolitan area is the largest in southeastern North Carolina, and the fifth-largest in the state. Suburban areas of metro Fayetteville include Fort Bragg, Hope Mills, Spring Lake, Raeford, Pope Field, Rockfish, Stedman, and Eastover. History Early settlement The area of present-day Fayetteville was historically inhabited by various Siouan Native American peoples, such as the Eno, Shakori, Waccamaw, Keyauwee, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reston, Virginia
Reston is a census-designated place in Fairfax County, Virginia and a principal city of the Washington metropolitan area. As of the 2020 U.S. Census, Reston's population was 63,226. Founded in 1964, Reston was influenced by the Garden City movement that emphasized planned, self-contained communities that intermingled green space, residential neighborhoods, and commercial development. The intent of Reston's founder, Robert E. Simon, was to build a town that would revolutionize post–World War II concepts of land use and residential/corporate development in suburban America. In 2018, Reston was ranked as the Best Place to Live in Virginia by ''Money'' magazine for its expanses of parks, lakes, golf courses, and bridle paths as well as the numerous shopping and dining opportunities in Reston Town Center. History In the early days of Colonial America, the land on which Reston sits was part of the Northern Neck Proprietary, a vast grant by King Charles II to Lord Thomas Fairfax t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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