
MI (Military Insurance)
Military Insurance (MI), often referred to as Servicemembers' Group Life Insurance (SGLI), is a life insurance program available to service members and their families. It provides financial protection by paying a benefit if the service member passes away due to service-related or other causes. MI offers affordable coverage with premiums deducted from military pay, and it can be customized with additional options like family coverage. The goal is to support service members' loved ones financially and ensure a safety net during their service or after deployment.