Posted on Jan 22, 2015
CPT Kit Lancaster
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Posted in these groups: C92a59d8 FamilyRetirement logo RetirementC98a4041 SGLI
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Responses: 7
SGM Mikel Dawson
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It's at 250,000, unless its raised since I got out. I know there is no price on a life, but there has to be a cap some where. It could raise to 500,000 and that still wouldn't be enough. It's going to happen. What we can do is pre-plan and make sure our families are the best prepared we can have them. We can make sure our family support plans are in order. We can make sure our wills are full and current. Make sure spouses know where all the important documents are. Don't ever deploy with out having a good sit down with your spouse and make sure he/she knows thing are. The best is if you have a friend or someone who knows their way around the military system to help out. I know casualty teams are sent out, but someone your family knows will help a bit.
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GySgt Cortez Liggins
GySgt Cortez Liggins
5 y
All those years that we did not get more life insurance because we felt that we were covered by the SGLI. I just thought that if any of us would die from serving our country, our spouse and children will have something to assist them as they learn to move forward. That came not to be true.
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LTC Stephen C.
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CPT Kit Lancaster, term life insurance is very inexpensive. It seems like it's one of the things that the government could provide that might produce significant benefits for comparatively small cost.
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MSG Director Of Facilities And Maintenance
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I think the option should be available. Housing in different markets require a vastly huge mortgages.
Life insurance, in my opinion, should be able to pay the mortgage, burial, and leave some contingency funds for the disruption of normal life functions.
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