Does Military Offer Life Insurance?
- 712 POINTSview profileJohn ColeRecruiter/Manager, Cole Insurance Investments, Charlotte N.C.Yes the military offers life insurance through ( USAA ) which is a good place to start being they specialize in the military. There are other companies that deal with military personnel also such as Peterson International they deal with high risk clients such as military, football players. construction workers etc. John Cole Virtual Financial Group Recruiter / Manager Living Benefits.Answered on March 14, 2014flag this answer
- 63333 POINTSview profilePeggy MaceMost of the U.S.The military offers their own group life insurance policy called SGLI (Servicemembers Group Life Insurance). Servicemembers are automatically issued $400,000 of life insurance at a very reasonable cost, but they can choose to take a lower amount, or decline it altogether. Upon leaving the service, they can convert it to VGLI (Veterans Group Life Insurance) if they do so within a certain time frame.Answered on March 19, 2014flag this answer
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