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.
References in periodicals archive ?
Barnum said MBA's Term 90 plan, which provides coverage to age 90, has rates below that of the government-subsidized Servicemembers' Group Life Insurance, and be questioned why the government should still be in the business of providing life insurance products to the military.
Servicemembers' Group Life Insurance Form 8286A is available at: http://www.
VA will clearly designate the source of correspondence by removing the SGLI seal from all checks, forms, and correspondence and replacing it to show it is from Prudential, with the subtitle "Office of Servicemembers' Group Life Insurance.
The program has grown to meet the challenges of the current conflict through a new Traumatic Injury Protection program under Servicemembers' Group Life Insurance that provides coverage to 2.
2968 would eliminate the required reduction in the amount of accelerated death benefits payable to certain terminally-ill people insured under Servicemembers' Group Life Insurance or Veterans' Group Life Insurance.
1, the Servicemembers' Group Life Insurance (SGLI) Traumatic Injury Protection benefit, known as TSGLI, will be payable for all qualifying injuries incurred during this period.
Many veterans who receive catastrophic disabilities can achieve this through Traumatic Servicemembers' Group Life Insurance (TSGLI).
WASHINGTON -- The Department of Veterans Affairs (VA) has reviewed the account administered by Prudential that includes Servicemembers' Group Life Insurance (SGLI) and Veterans' Group Life Insurance (VGLI) programs to ensure beneficiaries are protected, being treated fairly, and accorded the utmost care and respect.
109-80, the Servicemembers' Group Life Insurance Enhancement Act, on September 30.
Shinseki announced today that military personnel insuring their families under the Servicemembers' Group Life Insurance (SGLI) program, which is administered by the Department of Veterans Affairs, will have reduced out-of-pocket expenses beginning July 1.
The legislation also provides for an increase in the Servicemembers' Group Life Insurance (SGLI) from the current level of $250,000, to $400,000.
More recently, it has been adapted to Servicemembers' Group Life Insurance (SGLI) or Veterans' Group Life Insurance (VGLI) coverage.