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
Injuries or medical conditions from service may make it difficult or even impossible for Veterans to obtain private life insurance. But VA offers life insurance programs that do not look at service-connected disabilities (and in some cases any disabilities) during the eligibility process.
These programs include:
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1. Veterans’ Group Life Insurance (VGLI) – Provides group… Read more