Servicemembers Group Life Insurance

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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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References in periodicals archive ?
In this reserve status, Sailors will have no participation requirement and will not be eligible for promotion or advancement or be eligible for health care, retirement points, Service members Group Life Insurance and other benefits.
The TSGLI provides automatic traumatic injury coverage to all full-or part-time service members under the Service Members Group Life Insurance (SGLI) program.
Increase the automatic maximum coverage for service members group life insurance from $250,000 to $400,000.

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