Insurance and Disability Planning - National Guard Family Program

Introduction to Personal Finance

An Overview for State Family Program Directors, Wing Family Program Coordinators, and Families.

Introduction

Evaluating Your Situation

Budgeting & Debt Management

Goals & Plans

Insurance & Disability Planning

INSURANCE AND DISABILITY PLANNING

4.	Introduction
	4.1	Life Insurance
	4.2	Service Member’s Group Life Insurance (SGLI)
	4.3	National Guard Association of the US Insurance Trust
	4.4	Disability Protection and Incapacitation Pay
	4.5	Healthcare Provisions (Tricare)
	4.6	Learning Check

4.2 Service Member’s Group Life Insurance (SGLI)

SGLI

is a program of low-cost group life insurance for:

service members on active duty

ready reservists

cadets and midshipmen of the four service academies

members of the Reserve Officer Training Corps

SGLI is available in $10,000 increments up to the maximum of $250,000.

For more information on family member eligibility for SGLI, visit the

online SGLI Family Coverage FAQ.