SGLI Questions and Answers
When does SGLI terminate when mbr is AWOL? - answer on the 32nd day
When would SGLI stopp for a mbr confined by military or civilain court? - answer on
the 32nd day of military confinement; wehn order stated forfeiture of all pay and
allowances. On the 32nd day of civilan confinement when sentence has been
adjudicate.
What is maxiumun coverage and what is the cost for SGLI? - answer Max.
$4000,000 at a cost of $26 per month and 7 cents per $10,000 for lessor coverage
What is the effective date of the SGLV - 8286? - answer The date mbr signs the form
When did SGLi take effect - answer 29SEP65
Who is eligible to recieve SGLI - answer All AD and Reserve mbrs who perform full
time AD, ADT under orders not specifying periods of less than 31 days, mbrs of the IRR
attahced to a unit that may require ADT where they are scheduled to perform a
minimum of 12 ADT drills credible for retirement purposes, and retired reserve mbrs not
having received their first increment of retired pay or haing turned age 61
In what orders are proceeds of SGLI paid if no bebeficiaies are designated? - answer
Spouse, children in equal shared (if child is deceased then surviving children will get the
money) parents, executor, other next of kin
What amount of coverage is paid out for FSGLI? - answer up to $1000,000 in
increments of 10,000
What is the coevrage amount for dependent children? - answer Dependent children
are automatically covered for $10,000. For mbr to mbr 1 child is covered for 10k
When does coverage for a spouse under FSGLI end? - answer 120 days after
divorce, death or termination coverage
What us the Combat SGLi allowance? - answer An allowance eual to the amount of
a mbrs SGLI premium (coverage is set to max automatically) for mbrs serving in areas
designated by SECDEF/SECDHS
When will a reservists SGLI coverage be administravely terminated? - answer When
a reservust SGI premiums are deducted from pay, and they fail to drill for 5 consecutive
months
Are the proceeds to SGLi taxable when paid to a beneficiary? - answer No
When does SGLI terminate when mbr is AWOL? - answer on the 32nd day
When would SGLI stopp for a mbr confined by military or civilain court? - answer on
the 32nd day of military confinement; wehn order stated forfeiture of all pay and
allowances. On the 32nd day of civilan confinement when sentence has been
adjudicate.
What is maxiumun coverage and what is the cost for SGLI? - answer Max.
$4000,000 at a cost of $26 per month and 7 cents per $10,000 for lessor coverage
What is the effective date of the SGLV - 8286? - answer The date mbr signs the form
When did SGLi take effect - answer 29SEP65
Who is eligible to recieve SGLI - answer All AD and Reserve mbrs who perform full
time AD, ADT under orders not specifying periods of less than 31 days, mbrs of the IRR
attahced to a unit that may require ADT where they are scheduled to perform a
minimum of 12 ADT drills credible for retirement purposes, and retired reserve mbrs not
having received their first increment of retired pay or haing turned age 61
In what orders are proceeds of SGLI paid if no bebeficiaies are designated? - answer
Spouse, children in equal shared (if child is deceased then surviving children will get the
money) parents, executor, other next of kin
What amount of coverage is paid out for FSGLI? - answer up to $1000,000 in
increments of 10,000
What is the coevrage amount for dependent children? - answer Dependent children
are automatically covered for $10,000. For mbr to mbr 1 child is covered for 10k
When does coverage for a spouse under FSGLI end? - answer 120 days after
divorce, death or termination coverage
What us the Combat SGLi allowance? - answer An allowance eual to the amount of
a mbrs SGLI premium (coverage is set to max automatically) for mbrs serving in areas
designated by SECDEF/SECDHS
When will a reservists SGLI coverage be administravely terminated? - answer When
a reservust SGI premiums are deducted from pay, and they fail to drill for 5 consecutive
months
Are the proceeds to SGLi taxable when paid to a beneficiary? - answer No
