Veterans Affairs to Reduce Rates for Servicemembers’ Group Life Insurance

On July 1, the U.S. Department of Veterans Affairs (VA) will reduce Servicemembers’ Group Life Insurance (SGLI) monthly premium rates from 7 cents per $1,000 to 6 cents per $1,000 of insurance, along with Family SGLI Program (FSGLI) premium rates for spousal coverage at all age brackets. SGLI is a program that provides low-cost term life insurance coverage to eligible… Read more