Life Insurance Consideration for Military Servicemembers
An important note to members of the armed forces involves a provision that is commonly included in life insurance policies. If you have opted out or decided to purchase additional life insurance outside of the SGLI/VGLI military offered life insurance plans, you should review the list of exclusions to the policies. Many life insurance policies include a “war exclusion” provision that specifically states benefits will not be payable if the death is a result of war or the action of a military force. The Servicemember’s Group Life Insurance (SGLI) and Veterans Group Life Insurance (VGLI) policies do not have this type of exclusion. In addition, many life insurance policies also contain exclusions about traveling on any non-commercial aircraft.
————————————————–
MilitaryConnection.com, a portal of all things military, has become the “go to” site for resources, news and information that is of importance to the military audience. We have thousands of pages and hundreds of databases to keep you current on the information you need to have. With something for everyone, we take pride in providing all of our resources free to users. Additionally, we feature all types of life insurance articles like this one to keep you informed. We will post your press releases, special events, newsletters, professional conferences and seminars, reunions, job fairs, and videos to help organizations get out the word. One of the areas of our focus is connecting candidates from the military community with outstanding government and civilian employers. We are well aware that candidates from the military community across the board have a work ethic second to none. They make highly valued employees. MilitaryConnection.com has a multitude of employment resources including a Directory of over 30,000 employers, Job Tips, Columns, Virtual Job Fair and our new and improved Job Board, featuring our Virtual Marketplace where you can post free ads for items you want to buy, sell or rent , and much more. We understand the importance of education. Please check out our new Scholarship Directory featuring thousands of scholarships. When the next tour is back home, it’s on MilitaryConnection.com.