Servicemembers' Group Life Insurance

 

Servicemembers' Group Life Insurance (SGLI) is a life insurance available to all active duty and reserve members of the uniformed services of the United States. Supervised by the United States Department of Veterans Affairs, the program is administered by the Prudential Insurance Company of America.

Retrieved 14 October These accounts are referred to as 'retained asset accounts' and are essentially an I. Rather than paying the full amount due to the families at once, the company would instead deposit the funds into a Prudential corporate account.

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The current basic SGLI premium rate is 7 cents per $1, of insurance coverage. The premium includes an additional $1 per month for Traumatic Injury Protection coverage (TSGLI). The premium includes an additional $1 per month for Traumatic Injury Protection coverage (TSGLI).

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