Servicemembers’ Group Life Insurance (SGLI)

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Effective July 1, 2014, the Servicemembers’ Group Life Insurance program will adjust the SGLI monthly premium rate from 6.5 cents to 7 cents per $1,000 of insurance. This means, for example, a premium increase from $26 to $28 a month for Servicemembers with the maximum $400,000 of life insurance. All Servicemembers will continue to pay an additional $1 for Traumatic Injury Protection coverage. Please visit to view a table of the new rates for all coverage amounts and learn more about the premium change.
The Department of Veterans Affairs manages the SGLI program and always strives to keep SGLI premiums as low as possible while also ensuring that the program remains financially strong and competitive. However, due to the combination of the 2008 SGLI premium reduction and decreases in interest rates, SGLI reserve funds have decreased significantly, and it is now necessary to adjust the monthly premium rate by a half cent per $1,000 of insurance.
The new premium rate will take effect on July 1, 2014. Servicemembers with SGLI coverage can expect to see the adjusted premium rate reflected in their Aug 1, 2014 Leave and Earning Statement. Members drilling for points towards retirement, or not receiving pay for other reasons, will be billed by their service for the higher premium on the regular billing schedule.
If you have any questions regarding the new rates or your SGLI coverage, please contact your military personnel section or visit

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