Does The Army Have Life Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Yes, the Army does carry group life insurance through the VA called SGLI (Servicemember's Group Life Insurance). Those individuals in the Uniformed Services are automatically enrolled for a death benefit of $400,000 but can choose to reduce or cancel that, if desired. For more information, call 1-800-419-1473.
    Answered on April 19, 2013
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  2. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Yes, the Army provides life insurance to persons serving as an active duty member of the Armed Forces (and others). Eligible servicemembers are automatically enrolled for $400,000 of SGLI Life Insurance. There is a charge of 7 cents per thousand dollars of coverage (rate starting 7-1-2014). This can be reduced in increments of $50,000 down to $50,000 or declined altogether.
    Answered on June 30, 2014
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