Servicemember's Group Life Insurance
Servicemember's Group Life Insurance (SGLI), administered by the Veterans Administration, is an important benefit for you and your family. Learn more about it at www.insurance.va.gov/sglisite/sgli/sglipremiums.htm
If you are serving in a combat zone, the John Warner National Defense Authorization Act for Fiscal Year 2007 (Public Law 109-364) authorizes reimbursement of premium deductions for SGLI for service members who have SGLI coverage and are serving in the theater of operations for Operation Enduring Freedom (OEF) or Operation Iraqi Freedom (OIF). Effective September 1, 2010, OIF was changed to Operation New Dawn (OND) and authorization was provided to continue to pay all entitlements authorized for OIF to service members deployed in support of OND.
When you deploy for OEF or OND, and have elected less than the maximum level of SGLI, you may increase your SGLI coverage amount to the maximum $400,000 by submitting a SGLV 8286 form to your personnel office.
Your LES will show an increase in your SGLI premium, but you will also see a credit for the same amount while you remain in the OEF or OND theater of operations.
Your LES will show an increase in your SGLI premium; however, you will also see a credit for the same amount while you remain in the OEF or OND theater of operations.
You are encouraged to review your LES regularly. If you don’t find an increase in SGLI premiums or the credit on your LES within two months of your deployment, contact your personnel office immediately to correct this.
To get more info or download forms such as a fillable SGLV 8286, visit http://www.insurance.va.gov/sglisite/default.htm