As part of a $160 million settlement to avoid federal prosecution for defrauding service members, Academy Life Insurance Co. has agreed to no longer sell policies on U.S. military installations. It also has agreed to add 6.5 percent to the face value of any policies still in force, and to provide refunds to those who canceled policies between 1991 and 1998. Furthermore, the company promised to trace down service members who bought and later canceled policies. The company, formerly affiliated with the Non Commissioned Officers Association, admitted no wrongdoing in settling charges that had included fraud, false statements and misrepresentation. As a result of the situation, Defense officials have stated that they will tighten up on-base solicitations early this year. In addition, a joint-service coordinating council will be established as a clearing house for information about individuals and companies that violate base access rules.