MilitarySpot.com

Serving the U.S. Army, Navy, Air Force, Marines, Coast Guard and National Guard

Online Schools
| Find Jobs
Follow MilitarySpot:
 
  • Home
  • Enlist
    • Join The Army
    • Join The Navy
    • Join The Air Force
    • Join The Marines
    • Join The Coast Guard
    • Join The National Guard
    • ASVAB
    • Army Physical Fitness Test
    • Military Draft
    • Prior Service Army Enlistment
  • Career
    • Join the Military
    • Jobs for Military and Civilians
    • Career Center
    • Prior Service Army Enlistment
    • Criminal Justice
  • Education
    • Online Schools
    • Spouse Education Benefits
    • GI Bill
    • Military Schools
    • Criminal Justice
  • Benefits
    • Army Benefits
    • Navy Benefits
    • Air Force Benefits
    • Marine Corps Benefits
    • National Guard Benefits
    • Coast Guard Benefits
    • Veteran Benefits
    • Basic Pay Rates
    • Allowances
    • Special & Incentive Pay
    • Military Spouse Education Benefits
    • VA Education Benefits
    • GI Bill
  • News
    • Headline News
  • Finance
    • Debt Relief
    • Military Pay Rates
    • Military Personal Loans
    • VA Loans
    • Military Star Card
    • Military MyPay
  • Spouses
    • School Finder
    • Scholarships & Grants
    • PCS, DITY, & Moving
    • Pay Rates
    • MyCAA
    • Education Benefits
  • Community
    • Military Games
    • Military Reunions
    • Classifieds
    • Photo Gallery
    • Buddy Finder
    • MilitarySpot Pinups
    • Military Bases
  • Resources
    • Military Alphabet
    • Military Reunions
    • Military Acronyms
    • Currency Converter
    • Military Tools
    • Ranks
    • Military Time
    • Military Tactics
    • Military Discounts
    • Military Games
    • Military Videos
    • Photo Gallery
    • Infographics
    • How To
  • Travel

Life Insurance

The Serviceman’s Group Life Insurance, better known as SGLI, is group term life insurance currently available to all members of the U.S. Army. SGLI is a group life insurance policy purchased by the VA from a commercial life insurance company, and is partially subsidized by the federal government.

imgServicemembers on active duty, active duty for training or inactive duty for training and members of the Reserves are automatically covered for $250,000, the maximum amount of coverage, unless they opt out in writing. A soldier can elect lower coverage or no coverage by completing VA Form SGLV-8286. SGLI premiums are currently $.065 per $1,000 of insurance, regardless of the member’s age. View rates for different coverage amounts.

Each member should complete a copy of form SGLV-8286, Servicemembers’ Group Life Insurance Election and Certificate to designate one or more beneficiaries to receive payment of the insurance proceeds. A copy of this form also serves as a certificate of coverage.

Insurability is guaranteed when first given the opportunity to elect SGLI. After that, soldiers who want to increase their coverage may be subject to insurability determinations.

The insurance issued under the group policy is term insurance. SGLI does not pay dividends. In addition, there are no loan, cash, paid-up or extended insurance values, or any provision for waiver of premiums or benefit because of total disability, accidents, etc.

The SGLI program is administered by the Office of Servicemembers’ Group Life Insurance (OSGLI). The office can by contacted by:

Toll-free telephone: 1-800-419-1473

Toll-free fax:
Death and accelerated benefits claims only: 1-877-832-4943
All other inquiries: 1-800-236-6142

E-mail: osgli.osgli@prudential.com

Regular Mail:
Office of Servicemembers’ Group Life Insurance
290 West Mt. Pleasant Avenue
Livingston, New Jersey 07039

Visit the VA website for more information on this benefit.

Contact A Recruiter

Related Posts:

  • Defense Officials Detail National Guard Response to Capitol AttackDefense Officials Detail National Guard Response to…

Comments

Filed Under: Enlist, Recruiting

  • News
  • Enlist
  • Education
  • Career
  • Finance

Airmen Honor Dr. Martin Luther King, Jr. Through Unity Event

JANUARY 18, 2021 – “The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.” – Dr. Martin Luther King, Jr. As a nation, Americans take Martin Luther King, Jr. Day to pause and reflect on an important figure […]

Answers to Top Questions About ACFT Equipment Fielding

OCTOBER 14, 2019 – As Army Soldiers start preparing for the new Army Combat Fitness Test, behind the scenes Army logisticians are also preparing to distribute more than 36,000 equipment sets to conduct the new test. At a recent Facebook Live event, watched by more than 150,000 viewers, Sergeant Major of the Army Michael Grinston […]

The Army Educational Benefit You Aren’t Using

JANUARY 12, 2021 – Nothing is free. Unless it’s actually free. With a few basic requirements and a common access card reader that’s exactly what the Army Credentialing Assistance program’s $4,000 per year is — free educational assistance for soldiers. National Guardsmen have the responsibility of not only progressing in their military career but also […]

Meritorious Advancement Program Updates for Navy Reserve Sailors

JANUARY 13, 2021 – Commander, Navy Reserve Force (CNRF) has released ALNAVRESFOR 001/21, announcing the latest changes and improvements to the Navy Reserve’s Meritorious Advancement Program (MAP-R). The changes align MAP-R seasons with the Navy-wide advancement exam (NWAE) cycles, effectively doubling the advancement opportunity for Sailors and further supporting the intent of MAP-R to select […]

Navy Modernizes Tuition Assistance Debt Payments

JANUARY 4, 2021 – The Navy has modernized the way Sailors, Marines, and Coast Guardsmen can pay back tuition assistance (TA) debts beginning in January 2021. The new program provides service members with the option to pay their debt on a mobile device or computer using a debit card, electronic funds transfer (EFT) or via […]

Recent Posts

  • Airmen Honor Dr. Martin Luther King, Jr. Through Unity Event
  • National Guard Members Getting the Support They Need in D.C.
  • Pence Lists Administration’s Accomplishments, Thanks Service Members
  • Barrett Praises Senior Air Force Leaders
  • Fleet Manning is Now the Highest Since 2015
MAINMENU




SITESEARCH
Can't find something? Try using our site search to dig through our entire site.



Still having trouble? Try the Advanced Search to refine your searches.
NEWSLETTERSUBSCRIBE
Sign Up To Receive Information, Updates and Special Officers from MilitarySpot.com.



Don't miss an issue! Jump in the Newsletter Archives to catch up on previous issues.
FOLLOWMILITARY SPOT

Follow us on Facebook, Twitter & StumbleUpon and more. Keep up with MilitarySpot.com news & updates. We also have an RSS Feed.

Advertise | About | Contact | Feedback | Unsubscribe | DMCA | Privacy Policy | Terms of Use
 
Copyright 2004-2021 Sun Key Publishing. All Rights Reserved.



 
This is not the official recruiting website of the U.S. Military. The site you are on is run by Sun Key Publishing, a private company, and is not endorsed by or affiliated with the U.S. Military.