Servicemembers’ Group Life Insurance The following are automatically insured for $400,000 under Service members’ Group Life Insurance (SGLI): 1. Active-duty members of the Army, Navy, Air Force, Marines and Coast Guard. 2. Commissioned members of the National Oceanic and Atmospheric Administration (NOAA) and the Public Health Service (PHS). 3. Cadets or … [Read more...]
Veterans’ Mortgage Life Insurance (VMLI) FAQs
What Is Veterans Mortgage Life Insurance? Veterans Mortgage Life Insurance (VMLI) is a life insurance program designed to pay off the home mortgages of eligible veterans in the event of their death. VMLI is decreasing term insurance which reduces as the mortgage balance is reduced by regular payments. Eligible veterans can apply for VMLI coverage on a new mortgage, an existing … [Read more...]
Insurance Benefits for Disabled Veterans
Veteran Affairs offers insurance programs for disabled veterans. They include: Veterans’ Mortgage Life Insurance (VMLI) The Veterans' Mortgage Life Insurance (VMLI) program provides mortgage life insurance to severely disabled veterans and service members. It is designed to pay off home mortgages of disabled veterans and service members in the event of their … [Read more...]
Obama Says Afghanistan Drawdown to Begin in July
President Barack Obama addresses the nation from the White House June 22, 2012. During a White House address, June 22, 2011, President Barack Obama announced plans to drawdown U.S. troops from Afghanistan. "Starting next month, we will be able to remove 10,000 of our troops from Afghanistan by the end of this year," he said, "and we will bring home a total of 33,000 troops by … [Read more...]
TRICARE Does Not Retire When You Do
By Sharon Foster TRICARE Management Activity 6/20/2011 - FALLS CHURCH, Va. (AFNS) -- When beneficiaries retire from active duty, they may have big plans for how they are going to spend their time. Along with choices about where to live and their next great adventure, they must make choices about their health care. Understanding these choices will help beneficiaries and their … [Read more...]