If a person is in the Air Force for over 20 years and makes it to Master Sargeant, is there some sort of insurance when they die? And if there is, is there a premium that the person needs to pay or does the Air Force take care of it?
2007-08-14 06:15:44 · 3 answers · asked by Anonymous in Politics & Government ➔ Military
Everyone in the military is eligible to pay for up to $400,000 worth of term life insurance (SGLI). Monthly payments are approx. $30. Now, once that person retires, they no longer have that coverage, unless that convert it to VGLI (veterans), and continue to pay the monthly premium. They can opt totally out, or they can insure for a reduced amount. At no time does the Air Force pay for life insurance for you.
Now, if they die on active duty, there is a death benefit that has nothing to do with SGLI. So the family would receive the SGLI and the death benefit, depending on circumstances. (Death benefits will be denied if the person is doing something illegal at the time of death, to include riding a motorcycle without a helmet, driving without a seatbelt, or driving under the influence.)
2007-08-14 08:56:41 · answer #1 · answered by usafbrat64 7 · 0⤊ 0⤋
they are eligible for sgli (servicemens group life insurance) from the time they enlist. they do not have to participate in it but most do. if they choose not to and then die in combat the government will take of the funereal but there is where the obligation ends. if they do not participate and then dont reup they dont receive the life insurance.
2007-08-14 13:22:04 · answer #2 · answered by ggates1982 3 · 1⤊ 0⤋
ggates1982 is mostly correct. There is a certain amount (I don't know how much it is now) that is provided for free. The service member can sign up for more coverage and the premiums are deducted from their pay.
2007-08-14 13:24:11 · answer #3 · answered by davidmi711 7 · 0⤊ 1⤋