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Accordingly, a $400,000 policy costs $24 per month. [3] Notably, the SGLI does not have a war clause exclusion which otherwise precludes benefits if death results from combat. Effective March 1, 2023, the maximum SGLI coverage will increase to $500,000. [4] Veterans' Group Life Insurance (VGLI) is a similar product available to veterans.
Through the Servicemembers Group Life Insurance (SGLI) program, active duty service members can receive life insurance coverage. SGLI is offered in increments of $50,000 up to a maximum of ...
The Uniformed Services Benefit Association (USBA) is a nonprofit organization headquartered in Overland Park, Kansas, [1] providing affordable group life insurance plans and other financial services specifically designed for active duty and retired military members and their families, as well as honorably discharged veterans, National Guard and Reserve members, and federal civilian employees.
The Veterans Affairs Life Insurance (VALife) program is a new benefit that provides guaranteed acceptance whole life insurance to veterans with service-connected disabilities. Additionally, Traumatic Injury Protection under Servicemembers' Group Life Insurance (TSGLI) provides short-term financial assistance to severely injured service members ...
The Post-9/11 G.I. Bill pays up to 36 months of tuition, housing, books, and supplies at qualifying schools for veterans who served since Sept. 11. Benefits are available for 15 years from the ...
Life insurance can be especially important for members of the military, who are often deployed to high-risk areas while they're supporting a family. The military offers low-cost life insurance to...
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