Program Description
Servicemembers’ Group Life Insurance (SGLI) is
currently available to all members of the uniformed services.
SGLI is a group life insurance policy
purchased by VA from a commercial life insurance company. SGLI coverage is
available in $50,000 increments up to the maximum amount of $400,000.
Service members are automatically insured for the maximum coverage amount of
$400,000 unless they decline coverage or elect a reduced amount. Both
requests must be in writing. SGLI
members have two options available to them upon release from service. They
can convert their full-time SGLI coverage to renewable term insurance under
the Veterans’ Group Life Insurance (VGLI) program or to a permanent plan of
insurance with one of the participating commercial insurance
companies.
General Program Requirements
In order to qualify for this benefit program,
you must currently be serving in the military in any of the following
branches/areas: - Active duty or Ready
Reserve
- Commissioned Corps of the
National Oceanic and Atmospheric Administration Corps
- Reserve Officer Training
Corps
- United States Public Health
Service
- Cadet/midshipman in one of the
four service academies
If you are a
service member in one of the above categories, you are automatically covered
under SGLI for the maximum amount of insurance unless you reduce or decline
you coverage.
Application Process For more information, see the Program Contact Information below.
Program Contact Information
For more information, please visit:
http://www.insurance.va.gov/sgliSite/default.htm
If you have questions about SGLI, please contact the Office of
Servicemembers’ Group Life Insurance (OSGLI) at:
1-800-419-1473 (inside the
US) 973-548-5699
(overseas) osgli.osgli@prudential.com (general email
address) osgli.claims@prudential.com (SGLI claims email
address)
You can download a fact sheet at: http://www.vba.va.gov/VBA/benefits/factsheets/insurance/SGLIeg_0906.doc
Managing Agency
Veterans Benefits Administration (VBA)
http://www.vba.va.gov
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