ALEXANDRIA, Va., Aug. 18, 2015 /PRNewswire/ -- Armed Forces Benefit Association is pleased to recognize the fact that The American College of Financial Services, the nation's largest non-profit educational institution devoted to financial services including Life Insurance, Banking and Securities, recently announced that General Ralph E. "Ed" Eberhart, USAF (Ret.) will receive the 2015 Soldier-Citizen Award.
The Soldier-Citizen Award was established in 2014 to recognize extraordinary individuals who have served honorably in the United States military, achieved success in the financial services industry, and who have selflessly given back to society and their community.
Eberhart, a retired four-star Air Force General, will receive the award this week during a ceremony in Lake Geneva, Wisconsin.
"General Eberhart followed his illustrious military career with a spectacular career in the financial services industry," said Ted Digges, the Executive Director of The American College Penn Mutual Center for Veterans Affairs and Chair of the selection committee. "We are proud to honor such an individual with this award."
A graduate of the U.S. Air Force Academy in Colorado Springs, Colorado, General Eberhart's active duty military career spanned 36 years with his last assignment as Commander, U.S. Northern Command and Commander, North American Aerospace Defense Command at Peterson Air Force Base, Colorado. He is also a command pilot with more than 5,000 flight hours.
General Eberhart is currently Chairman & President of the Armed Forces Benefit Association (AFBA). In addition, he serves as Chairman 5Star Life Insurance Company, the associations underwriter.
About Armed Forces Benefit Association (AFBA)
Headquartered in Alexandria, Va., Armed Forces Benefit Association (AFBA) was established in 1947 with the support of the General of the Army, Dwight D. Eisenhower to ease the strain on military members and their families. At that time, military members could not purchase life insurance that would pay a death benefit if the member was killed in combat. AFBA continues to honor the mission set forth by its founders—to promote the welfare of its members and their families by providing high quality, low cost life insurance products and other financial benefits and services in peace and in war.
From its first offices in the basement of the Pentagon and for almost 70 years, AFBA has stood by our country's armed forces. Today, AFBA is a market leader in offering low cost life insurance to those who serve this great nation to include members of the uniformed services, first responders, government employees and their families. AFBA currently has over 435,000 members with over $42 billion of life insurance in force and in excess of $1.7 billion of claims paid since inception. These life insurance programs are underwritten by 5Star Life Insurance Company, a related enterprise of AFBA.
For more information about AFBA, visit www.afba.com.