SGLI

SGLI, or Servicemembers' Group Life Insurance, is a life insurance program for active duty military personnel and some veterans. It provides financial protection to beneficiaries in case the service member passes away. The coverage is affordable and can be adjusted based on the service member’s needs, with premiums automatically deducted from their pay. SGLI helps ensure that families are financially supported during difficult times, covering expenses like funeral costs and ongoing financial needs. It’s a standard benefit offered to service members to provide peace of mind and security for their loved ones.