What does SGLI mean? Read on to discover the definition & meaning of the term SGLI - to help you better understand the language used in insurance policies.
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 SGLI.