As a member of the United States Marine Corps, you’re eligible to receive life insurance benefits through the government’s Servicemembers' Group Life Insurance (SGLI) program. You will be automatically enrolled in this program by your service branch at the onset of your military career. Marines also have the option to cover spouses and dependents through the Family Servicemembers’ Group Life Insurance (FSGLI) program.
These guaranteed acceptance group term policies are excellent introductory options for Marines and their families, but they rarely provide enough coverage to meet all the needs of a Marine Corps family since they are one-size-fits-all. These plans do not take into account you and your family members’ individual needs and unique circumstances. Factors like age, income and health history also need to be considered when determining the type of life insurance policy you want and the amount of coverage you need.