What Does Servicemen's Group Life Insurance Mean?

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What does Servicemen's Group Life Insurance mean? Read on to discover the definition & meaning of the term Servicemen's Group Life Insurance - to help you better understand the language used in insurance policies.

Servicemen's Group Life Insurance

Servicemen's Group Life Insurance

Servicemen's Group Life Insurance (SGLI) refers to insurance coverage for military personnel that belong to such groups as the Navy, Armed Forces, Marines, Coast Guard, etc. Eligibility is automatic if one is qualified. Premium payment is taken from the salary.

We hope the you have a better understanding of the meaning of Servicemen's Group Life Insurance.

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