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https://www.military.com/insurance/find-rates/life?key=email&key2=lifeinsurance&key3=20210519_adeven&key4=mainCTA&spMailingID=6913224&spUserID=MjY2NTgzODc2ODUyS0&spJobID= [login to see] &spReportId=MTI2MDQzOTU3NwS2
Military members and veterans have a unique set of needs when it comes to life insurance. While we have military benefits, such as SGLI and VGLI, oftentimes supplemental private insurance can provide an added layer of security and peace of mind.
Why SGLI May Not Be Enough
SGLI typically expires 120 days after separation from service. In addition, the maximum amount payable is $400,000. If you have a home, two children and a wife, this simply might not be enough. That’s where private insurance can fill in the difference. Your insurance provider will help you come up with the best supplemental package to meet your military family’s needs.
Military members and veterans have a unique set of needs when it comes to life insurance. While we have military benefits, such as SGLI and VGLI, oftentimes supplemental private insurance can provide an added layer of security and peace of mind.
Why SGLI May Not Be Enough
SGLI typically expires 120 days after separation from service. In addition, the maximum amount payable is $400,000. If you have a home, two children and a wife, this simply might not be enough. That’s where private insurance can fill in the difference. Your insurance provider will help you come up with the best supplemental package to meet your military family’s needs.
Supplemental Life Insurance Quotes
Posted from military.com
Insurance
Family
Civilians
Finance
Posted >1 y ago
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Concur, MSgt (Join to see). There are many types of life insurance, and they all (almost) have their place and purpose.
Term life insurance is the least expensive form of income replacement of which I’m aware. Face amounts of individual term life insurance for $1 million (and higher) are relatively inexpensive, especially for those that are young and healthy. It’s the least expensive way to “increase your estate”.
Term life insurance is the least expensive form of income replacement of which I’m aware. Face amounts of individual term life insurance for $1 million (and higher) are relatively inexpensive, especially for those that are young and healthy. It’s the least expensive way to “increase your estate”.
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