quote:

Originally posted by Batty67:
Until 10-15 years ago, they only took officers and warrant officers. Then they allowed pretty much any vet in.

You mean like the enlisted riff-raff?

quote:

Originally posted by Batty67:
I've been a USAA member since I went through Army ROTC 30 years ago. Heck, I used to joke it was worth getting a commission just so I could have access to USAA. Their service was legendary. Truly.

Until 10-15 years ago, they only took officers and warrant officers. Then they allowed pretty much any vet in.

I never heard of it until I checked in at my duty station as a brand new Ensign. It was part of the check in process. I believe in those days you had to be on active duty when you joined. It wasn’t open even to Reservists.

I think I have saved more on insurance premiums in the last ~50 years than I made the whole time
I was in the Navy.

quote:

Originally posted by Batty67:
Until 10-15 years ago, they only took officers and warrant officers. Then they allowed pretty much any vet in.

They also allow FBI and Secret Service Special Agents, that are not military veterans. They claim it's because those agents are not allowed to serve in the Reserves or Guard, and therefore "never had an opportunity" to become eligible through military service.

That's nonsense though, because they could have served, and many did, prior to taking those jobs (just like I did before I went into fed LE). Also, the FBI no longer tries to deny their agents their right to serve in the Guard or Reserves.

If they didn't serve in the military I don't think they should be allowed to join.

They won't allow any other Fed LEOs to join without having served in the military.

Membership is military at some point.

Who We Serve

Membership is open to:

Currently Serving

Individuals who are currently serving in the U.S. Air Force, Army, Coast Guard, Marines, Navy, National Guard and Reserves.

Former Military

Those who have retired or separated from the U.S. military with a discharge type of Honorable.

Family

Widows, widowers and un-remarried former spouses of USAA members who had USAA auto or property insurance while married and individuals whose parents have or had USAA auto or property insurance.

Cadets or Midshipmen

Cadets and midshipmen at U.S. service academies, in advanced ROTC or on ROTC scholarship, plus officer candidates within 24 months of commissioning.

With roots grounded in the military, we bring its methods to your finances, and its values to our service through an exclusive suite of financial products, tools and advice.



https://www.usaa.com/inet/ent_...w.ds&akredirect=true

Article written by a USAA employee for the American Legion:

https://www.legion.org/magazin...gibility-has-evolved

"Right now, those eligible for membership include:

All men and women currently serving in the U.S. military (active duty and reserve).

- Military retirees.
- Veterans who received honorable discharges.
- Cadets and midshipmen at service academies, in advanced ROTC or on ROTC scholarship, and officer candidates within 24 months of commissioning.
- Members of certain federal agencies, such as the FBI."

quote:

Originally posted by PD:

quote:

Originally posted by Batty67:
Until 10-15 years ago, they only took officers and warrant officers. Then they allowed pretty much any vet in.

You mean like the enlisted riff-raff?

Sorry if that came off as snobbish. But anytime a group greatly expands who they let in, the product and service becomes diluted. That's my main point.

I doubt it was snobbish.

I imagine that commissioned officers had a much better loss/claim history as a group than all military members as a group, at least decades ago, if not as much now.

It is a mutual society, so all members benefit from low premiums and low claims. As an aside, this was also the underwriting edge of Government Employees Insurance Co, now more familiarly known as GEICO.

When I was on active duty, motorcycle dealers in San Diego did a big business selling high performance machines to sailors, and Marines, on easy credit, but credit life insurance premiums were required to be paid in cash, up front, no exceptions, a result of the unhappy experience that so many did not survive the first day. Very few if any of these were commissioned officers.

USAA for 20 years straight. They are more expensive than some other competing companies. No problems.