If you serve in the United States Air Force, a life insurance policy available to you is the Servicemembers' Group Life Insurance (SGLI). SGLI is a program of low-cost group life insurance for active-duty servicemembers, reservists, members of the National Guard, Air Force Academy cadets, and members of the Reserve Officer Training Corps.
SGLI has guaranteed acceptance, which means you can’t be turned down. While it offers a safety net for you as a member of the Air Force, the maximum coverage amount of $400,000 is often not enough for many military families and it terminates when you leave the military. SGLI also does not offer options for Air Force members wanting to add permanent life insurance that never expires and also builds cash value that can possibly be used for future financial needs.
When enrolling in life insurance offered by the Air Force, a government-sponsored one-size-fits-all SGLI policy has limits, and may not provide the amount or type of life insurance to meet your unique needs. That’s why AAFMAA offers several policies designed for the specific needs of military servicemembers and Veterans at highly competitive rates.