Mutually Speaking

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Dislocation Allowance for PCS Moves

November 27, 2023

A dislocation allowance, or DLA, is a monetary allowance paid to eligible servicemembers who undergo a household move due to Permanent Change of Station (PCS) orders or an evacuation. It is intended to help offset costs incurred by servicemembers during their move that are not reimbursed by other allowances and moving expenses that are paid…

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What Is the Difference Between Life Insurance and an Annuity?

June 23, 2022

Both life insurance and annuity contracts are sold by life insurance companies, however,...

What to Expect When Purchasing Your First Annuity

June 14, 2022

An annuity is a contract between an individual and a life insurance company in which an...

Annuities: Fact vs. Fiction

June 3, 2022

Annuities have long been used as a strategy to round out an individual’s retirement...

A Memorial Day Message

May 30, 2022

Dear Navy Mutual Members, While Memorial Day originated as “Decoration Day,” for most of...

Understanding Your Life Insurance Policy

May 26, 2022

Servicemembers and veterans who buy life insurance outside of what is offered by...

What Is the Veterans Pension Program?

May 20, 2022

The Veterans Pension program is a benefit offered by the Department of Veterans Affairs...