Serviceman’s Group Life Insurance (SGLI)
SGLI is a program of low cost group term life insurance automatically available to all servicemembers on active duty, active duty for training or inactive duty for training and members of the Reserves. This policy is automatically activated for a coverage amount of $400,000, the maximum amount of coverage, unless the servicemember opts out in writing. In addition, designated beneficiaries now receive an additional payment of $100,000 if a servicemember dies while on active duty. A servicemember can elect lower coverage or no coverage by completing the VA Form SGLV-8286. Coverage is available for spouses; dependent children are automatically insured for $10,000. When released from active duty or the Reserve, members with full-time SGLI coverage can convert their coverage to Veterans Group Life Insurance or to an individual commercial life insurance. Click the link below to learn more about the SGLI and VGLI policies for military servicemembers.
MilitaryConnection.com, a portal of all things military, has become the “go to” site for resources, news and information that is of importance to the military audience. We have thousands of pages and hundreds of databases to keep you current on the information you need to have. With something for everyone, we take pride in providing all of our resources free to users. Additionally, we feature all types of serviceman's group life insurance like this one to keep you informed. We will post your press releases, special events, newsletters, professional conferences and seminars, reunions, job fairs, and videos to help organizations get out the word. One of the areas of our focus is connecting candidates from the military community with outstanding government and civilian employers. We are well aware that candidates from the military community across the board have a work ethic second to none. They make highly valued employees. MilitaryConnection.com has a multitude of employment resources including a Directory of over 30,000 employers, Job Tips, Columns, Virtual Job Fair and our new and improved Job Board, featuring our Virtual Marketplace where you can post free ads for items you want to buy, sell or rent , and much more. We understand the importance of education. Please check out our new Scholarship Directory featuring thousands of scholarships. When the next tour is back home, it’s on MilitaryConnection.com.