Navy Mutual, originally established as Navy Mutual Aid Association (NMAA), is a nonprofit, federally tax-exempt,[3] mutual-benefit Veterans Service Organization (VSO)[4] It was established in 1879 by naval officers[5][6] for the purpose of providing life insurance and annuities to members of the sea services (United States Navy, United States Marine Corps, United States Coast Guard, U.S. Public Health Service, and the National Oceanic and Atmospheric Administration), and their families.
In 2020, Navy Mutual expanded their bylaws to extend membership eligibility to active duty, retired, reserve, and honorably discharged personnel of the U.S. Army and the U.S. Air Force as well as their families.
[11] 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 Virginia, Hawaiʻi, Maryland, North Carolina, South Carolina, Arizona, Connecticut, Florida, Texas, Oregon, & Rhode Island.
Navy Mutual Aid Association offers Life insurance and Annuities services to its members.
The current Chair of the Board is retired Vice Admiral Stanley R. Szemborski, USN, who assumed the position in April 2020.