First Command Reports Strong Demand for Life Insurance Among Military Families

FORT WORTH, Texas–(BUSINESS WIRE)–America’s career military families are focused on permanent life
insurance products as supplemental coverage to their government
benefits, according to a story in the Winter 2015-2016 issue of Journey,
the online magazine for clients of First Command Financial Services, Inc.

Titled Demand
for permanent life insurance hits record high in military families
,”
the story reports that three-quarters of middle-class military
families owned some form of permanent life coverage in 2015. That’s up 7
points from the previous year. Demand is expected to keep growing. The
story reports that 44 percent of military families who don’t own a
permanent life policy say they are likely to consider purchasing it for
themselves or someone in their household.

“Adding permanent life insurance to government-provided coverage allows
servicemembers and their families to more fully and effectively address
their present and future needs,” said Scott Spiker, CEO of First Command
Financial Services, Inc. “This add-on strategy allows families to focus
on the current uncertainties of military life – uncertainties that can
include the risk of a combat death – as well as pursue long-term
financial security.”

Be sure to check out this story and the entire Winter issue at http://fcjourney.com/.

About First Command

First Command Financial Services and its subsidiaries, including First
Command Bank and First Command Financial Planning, assist American
families in their efforts to build wealth, reduce debt and pursue their
lifetime financial goals and dreams—focusing on consumer behavior as the
first and most powerful determinant of results. Through knowledgeable
advice and coaching of the financial behaviors conducive to success,
First Command Financial Advisors have built trustworthy, lasting
relationships with hundreds of thousands of client families since 1958.

First Command Financial Services, Inc., is the parent of First
Command Financial Planning, Inc. (Member
SIPC,
FINRA),
First Command Advisory Services, Inc., First Command Insurance Services,
Inc. and First Command Bank. Financial planning services and investment
products, including securities, are offered by First Command Financial
Planning, Inc., a broker-dealer. Financial planning and investment
advisory services are offered by First Command Advisory Services, Inc.,
an investment adviser.
Insurance products and services are offered
by First Command Insurance Services, Inc., in all states except Montana,
where as required by law, insurance products and services are offered by
First Command Financial Services, Inc. (a separate Montana domestic
corporation). Banking products and services are offered by First Command
Bank. In certain states, as required by law, First Command Insurance
Services, Inc. does business as a separate domestic corporation.
Securities products are not FDIC insured, have no bank guarantee and may
lose value. A financial plan, by itself, cannot assure that retirement
or other financial goals will be met. First Command Educational
Foundation is a 501(c)(3) public charity. It is not affiliated with
First Command Financial Services, Inc., or any of its affiliated
entities.
First Command Financial Services, Inc. and its related
entities are not affiliated with, authorized to sell or represent on
behalf of or otherwise endorsed by any federal employee benefits
programs referenced, by the U.S. government, or the U.S. armed forces.

Contacts

First Command Financial Services, Inc.
Mark Leach, 817-569-2419
Media
Relations
msleach@firstcommand.com