Navy Mutual Aid Association

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Navy Mutual Aid Association
IndustryFinancial services nonprofit organization
HeadquartersHenderson Hall, Arlington, Virginia, United States
ProductsLife Insurance, Annuities, Education

Navy Mutual Aid Association (NMAA) is a nonprofit, federally tax-exempt,[1] mutual-benefit veteran service organization (VSO)[2] that was established in 1879 by sea service officers[3][4] for the purpose of providing life insurance and annuities for members of the United States Navy, United States Marine Corps, United States Coast Guard, U.S. Public Health Service (USPHS), the National Oceanic and Atmospheric Administration (NOAA), and their families.

Membership for the past decade has averaged 105,000 members. As of November 2011, Navy Mutual Aid Association had over 112,000 military members (Active, Reserve and Retired) and families insured; by 2015, the number of insured plans had increased to over 139,000 with a member retention rate of 97.3%. For twelve consecutive years ending in 2015, Navy Mutual has earned a Fitch Insurer Financial Strength (IFS) rating of A+, with a Stable Rating Outlook.[5]


The Navy Mutual Aid Association was established on July 28, 1879, during a meeting of U.S. Navy officers at the Navy Department in Washington, D.C. In recent years, Navy Mutual has been headquartered in Arlington, Virginia.

Until 1920, only those officers of the Navy and Marine Corps on the active list were eligible for membership. Temporary and Reserve officers, both active and inactive, under forty-five years of age, became eligible in 1920. Membership was extended to officers of the U.S. Coast Guard in 1925. Female officers of the United States Navy became eligible in 1947. Additional eligibility included commissioned officers of the U.S. Public Health Service (1963) and the National Oceanic and Atmospheric Administration (1972), enlisted personnel of the Navy (1980), U.S. Marine Corps and United States Coast Guard (1980), and retired personnel of the sea services (1993).

In 1942 and 1950, membership was closed due to the entrance of the United States into World War II and the Korean War, respectively. Membership was re-opened shortly after both wars ended.

Membership Eligibility[edit]

To qualify to become a member of Navy Mutual Aid Association the person must on active duty, in the Reserve Component, or retired from the following U.S. military branches,

or be an honorably discharged veteran of the Navy, Marine Corps, Army, Air Force, Coast Guard, NOAA, or USPHSCC who resides in Hawaiʻi, Maryland, North Carolina, South Carolina, or Virginia.


Navy Mutual Aid Association offers Life Insurance and Annuities services to its members.

Life insurance[edit]

Navy Mutual Aid Association offers these types of life insurance:

  • Flagship Whole Life (Whole Life)
  • Level II 'Plus' (Term Insurance ages 50+)
  • Flex Term (Term Insurance for under age 50)
  • Flex Term (Term Insurance for under age 50)
  • Express Term 'Plus' (no medical exam insurance)


Navy Mutual Aid Association offers these types of annuities:

  • Single Premium Deferred annuities
  • Flexible Premium Retirement Annuity
  • Single Premium Immediate Annuity


The current President and CEO of Navy Mutual is Rear Admiral Bruce Engelhardt, USN (Retired), who has served in that role since 2005. The current Chair of the Board is Rear Admiral Mike Luecke, USN (Retired).


  1. ^ The Nonprofit Almanac 2008, Kennard T. Wing, Thomas H. Pollak, Amy Blackwood, 2008, 253 pages, p.25, webpage: GBooks-gF.
  2. ^
  3. ^ The Naval Reserve of the United States Navy, United States Bureau of Naval Personnel, 1942, webpage: GBooks-LW.
  4. ^ Coast Guard bulletin, United States Coast Guard, 1945, webpage: GBooks-zL.
  5. ^ Navy Mutual Aid Association 2015 Annual Report