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Insurance coverage similar to SGLI is replicated by a few other private organizations. These include the Military Benefit Association (MBA), the United Services Automobile Association (), the Army and Air Force Mutual Aid Association (AAFMAA), the Uniformed Services Benefit Association (USBA), the Armed Services Mutual Benefit Association (ASMBA), and the Navy Mutual Aid Association (NMAA).
Posthumous promotions are most often associated with the military, but may be granted in other fields such as business, public safety, science, or the arts. The higher rank is typically intended as a ceremonial recognition of one's achievements, bestowed after their death, though in the case of the military can occur erroneously if the ...
Life insurance offers more than just peace of mind — it provides critical financial protection for your loved ones when they need it most. At the heart of every policy is the death benefit, the ...
The Sole Survivor Policy or United States Department of Defense Directive 1315.15 "Special Separation Policies for Survivorship" describes a set of regulations in the United States military, partially stipulated by law, that are designed to protect members of a family from the draft during peacetime or wartime if they have already lost family members to military service.
Accidental death and dismemberment (AD&D) insurance provides coverage if you lose a limb or your death is the result of an accident. Between AD&D and term life, term life covers more causes of death.
The act awarded veterans additional pay in various forms, with only limited payments available in the short term. The value of each veteran's "credit" was based on each recipient's service in the United States Armed Forces between April 5, 1917, and July 1, 1919, with $1.00 awarded for each day served in the United States and $1.25 for each day served abroad.
Grief work is the process of moving away from how a loved one dies and rebuilding a relationship that focuses on how they lived and served. Posttraumatic growth is the process of finding meaning from the loss. One such program, the National Military Suicide Survivor Seminar and Good Grief Camp, which began in 2009. [34]
When someone close to you dies, it can be hard to think about finances but there are several potential financial events that can come at you quickly. One consideration you may want to think about ...