Trans World Assurance Blog

5 Must Read Articles About Military Members and Life Insurance

Posted on Tue, Feb 14, 2012

1) It pays to have enough life insurance: Policies beyond SGLI can spell financial security

"Having the money from an extra life insurance policy above and beyond Servicemembers’ Group Life Insurance gave Vivianne Wersel extra options after her Marine husband died in early 2005…" - By Karen Jowers


2) Servicemembers' Group Life Insurance (SGLI):

"What is SGLI?…How Much Coverage is Available?…How Much Does SGLI Cost?…How Much Life Insurance Do I Really Need?…SGLI Conversion Feature...The SGLI Disability Extension..." - U.S. Dept. of Veterans Affairs


3) Beyond SGLI:

"Servicemembers Group Life Insurance (SGLI) is part of a servicemember's employee benefit package. But it has limitations and like any group life insurance plan, it should not be relied upon to be the sole financial protection for your family…" - By Mike McHugh


4) Do Servicemembers Need Life Insurance?

"Life insurance is one of the most important components of your personal financial plan. Unfortunately, life insurance is poorly understood, and breadwinners' mistakes invariably cause great financial hardship for their survivors. The primary purpose of life insurance is to protect your survivors from the adverse financial consequences of your premature death..."

5) Assessing Your Life Insurance Needs and Options

"Assessing your life insurance needs and options can give anyone a headache! With the wide range of insurance products available and the complexity of your family's needs, determining the appropriate insurance protection is difficult.

In order to make this task easier, VA's Life Insurance Program has provided you with some decision-making tools and helpful information that can assist you in learning more about life insurance and in identifying your insurance needs…" - U.S. Dept. of Veterans Affairs

This list of articles is for educational purposes only. Trans World Assurance is in no way endorsed by any of the above websites, organizations, or authors. 

Tags: military life insurance, military, life insurance needs assessment, military spouses, Servicemember's Group Life Insurance (SGLI)