Did you know that military life insurance options include both Servicemembers Group Life Insurance (SGLI) and private coverage? Unlike signing up for TRICARE, active duty troops are not restricted to using only the government-offered military life insurance options, which include Veterans Group Life Insurance for those retiring or separating from the military. Here are five… Read more »
Is there such a thing as no exam military life insurance? The short answer is yes, but there are caveats, which we will examine below. If you are in the military, you are provided life insurance coverage through Servicemembers’ Group Life Insurance, but some feel that coverage isn’t quite enough to protect their family. Veterans… Read more »
What does a grieving family need to do in order to report the death of a military member to the Department of Veterans Affairs and private life insurance providers? There are a number of documents to gather, copy, and submit. Never send original documents to the VA or a third-party agency, you’ll need the originals… Read more »
Some kinds of planning are tougher than others. End-of-life plans aren’t easy to discuss, but making financial plans to deal with the realities of death can bring peace of mind once you get over the initial discomfort of making these arrangements. The Department of Veterans Affairs has some advice for those facing these decisions. You’ll… Read more »
If you are looking for life insurance, there are a few things you can do to help yourself make a more informed decision about the coverage you want. What should you do to make the best life insurance choices possible? We explore your options below. You’ll find important differences between military life insurance policies and… Read more »
Post-traumatic stress disorder is described by the Department of Veterans Affairs official site as “a mental health problem” you experience after a traumatic event. According to the VA, it’s normal to have life disturbances following trauma; trouble sleeping, difficulty at work or school, and even interpersonal problems. These issues may come and go, but in… Read more »
Are SGLI and VGLI enough? Here are some things to consider if you’re wondering if you need private life insurance coverage for your family.
Don’t feel life insurance is important? If you carry a lot of debt or want to make sure your family is provided for after you’re gone, life insurance can help. Learn more.
Is SGLI enough for military families? SGLI stands for Servicemembers Group Life Insurance. One of the first things to remember about this program is that it’s for the servicemember only; spouses and dependents are insured under a program called Family Group Life Insurance or FGLI. For this article, we’re looking only at SGLI and whether… Read more »