Servicemembers’ Group Life Insurance (SGLI)

Servicemembers’ Group Life Insurance (SGLI) is a life insurance program for active-duty military personnel, members of the National Guard, and reservists. It provides affordable coverage of up to $500,000, ensuring financial support for beneficiaries in the event of the servicemember's death. Enrollment is automatic for those in service, and premiums are deducted from pay. SGLI also includes a provision for a reduced amount of coverage after leaving military service. This program aims to offer peace of mind to servicemembers and their families, ensuring they are protected financially.