Servicemembers group life insurance (SGLI)
Term · Insurance and risk management · MLC-T-INS-003062
A low-cost group life insurance program provided by the U.S. Department of Veterans Affairs to eligible active-duty servicemembers, reservists, and National Guard members. It offers coverage up to a maximum amount, with premiums deducted from military pay. This program provides financial protection to servicemembers' families in the event of their death while in service or within a specified period after separation.
| Identifier | MLC-T-INS-003062 |
|---|---|
| Field | Insurance and risk management |
| Abbreviation | SGLI |
Record as JSON
{
"id": "MLC-T-INS-003062",
"term": "Servicemembers group life insurance (SGLI)",
"field": "Insurance and risk management",
"definition": "A low-cost group life insurance program provided by the U.S. Department of Veterans Affairs to eligible active-duty servicemembers, reservists, and National Guard members. It offers coverage up to a maximum amount, with premiums deducted from military pay. This program provides financial protection to servicemembers' families in the event of their death while in service or within a specified period after separation.",
"abbreviation": "SGLI",
"url": "https://mlchart.com/terminology/insurance/servicemembers-group-life-insurance-sgli/"
}
Record 3,147 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.