Life insurance instead of survivor annuity on Postal pension


I am 60 years old. I plan on retiring from Post Office in 2 to 3 years. I currently have a 20 year $350,000 term policy, which expires in 8 years. it has a conversion option. What is it? Also, instead of taking the survivor annuity of 50% for wife on my Postal pension is their some type of insurance I can get upon my death than the annuity they would be charging me monthly off pension income.


Wow, @dboys0885, that's great to hear and wish you the best on your upcoming retirement. I'll be happy to forward your questions to the appropriate area for further review. Thank you for your membership and appreciate your interest in USAA. ~ Stacy K.