Service members will automatically receive an extra $100,000 of life insurance coverage as of March 1, increasing the maximum Servicemembers’ Group Life Insurance coverage amount to $500,000. All ...

All eligible troops are going to be signed up for $500,000 worth of Servicemembers' Group Life Insurance (SGLI) coverage starting on March 1 -- even those who chose not to buy SGLI coverage in the ...

Inflation may not have increased the cost of life insurance across the board, but it has affected how people are thinking about those policies. Troops and civilians alike bought more life insurance ...

Effective March 1, 2023, the Servicemembers' Group Life Insurance maximum benefit increases from $400,000 to $500,000 with automatic enrollment -- troops will have to opt out if they don't want to pay ...

On March 1, VA increased the maximum amount of life insurance coverage available to veterans and service members from $400,000 to $500,000 for Veterans' Group Life Insurance (VGLI) and Servicemembers ...

Life insurance coverage for service members will rise for the first time in 18 years beginning March 1. The maximum coverage under the Servicemembers’ Group Life Insurance program, which benefits ...

How to make the most of special life insurance benefits for veterans Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an insurance staff writer at Buy Side. She has ...

SUMMARY: The Department of Veterans Affairs is amending its regulations governing Servicemembers' Group Life Insurance and Veterans' Group Life Insurance to prohibit payment of insurance proceeds ...

If you're in the U.S. Armed Forces, you're offered life insurance from the Department of Veterans Affairs. But that coverage expires when you leave active duty and, in many cases, service members need ...

Premiums for life insurance for troops and veterans will decrease effective July 1. (iStock/Getty Images) Service members, family members and veterans will see their costs for life insurance decrease ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Suzanne is a content marketer, writer, and fact-checker. She holds ...