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Servicemembers Group Life Insurance

   Also found in: Wikipedia 0.01 sec.
Servicemembers Group Life Insurance
Also called SGLI. Life insurance offered by the Veterans Administration to members of the United States uniformed services. Premiums on SGLI are very low and the death benefit is very high. Benefits are also paid for traumatic injuries.


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One of these benefits is Servicemembers Group Life Insurance, and related policies such as the Family Servicemembers Group Life Insurance and Traumatic Injury Protection Program.
Unlike soldiers with traumatic injuries, they are not eligible for Traumatic Servicemembers Group Life Insurance injury benefits.
Servicemen and women need to register for a monthly fee of one dollar for the extra coverage on top of what they pay for Servicemembers Group Life Insurance.
 
 
 
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