SGLI Life Insurance Provides Servicemen And Women With Affordable Life Insurance
Service members group life insurance (SGLI) is an affordable way for our men and women in uniform to purchase additional life insurance for themselves in case the worst should happen and they leave family members behind.
SGLI life insurance is a discounted program specifically designed for members of military because their chance of accidental death is so much higher than that of civilians.
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American men and women deserve to have every possible service available at a discounted price so that their families can have a little peace of mind while their loved ones are on duty.
Finding a SGLI Life Insurance provider is pretty simple because all of the good companies such as Colonial and Penn provide it. They aren't the only ones either, by using the Internet you can find out where you can purchase this insurance and make sure you have the maximum amount of coverage possible.
A benefit of this global insurance is that it offers coverage up to 400 thousand dollars. Its more affordable nature means that a serviceman or woman can purchase higher coverage than they could with a traditional plan.
Knowing that their families are going to receive this large sum of money makes it a little easier for the soldiers to do their job because they know that their families will be taken care of if they should be killed in action.
When the individual leaves the military they can convert their SGLI Life Insurance to a standard term life insurance without losing any of their initial investment. However, should the serviceman or woman become permanently disabled while serving in the military, they will be able to continue using the same insurance without having to make payments or change their insurance for two years.
Having a job that can take you anywhere in the world putting you in danger at a moments notice can be a terrifying situation, knowing that you could die as a result just adds to the stress.
Purchasing SGLI Life Insurance ensures that you will have one less thing to think about in that situation, give yourself and your family the benefit of knowing that if this is your last mission, they will not have to worry about the finances and can focus on putting their lives back together.
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