SGLI
Servicemembers' Group Life Insurance (SGLI) offers as much as $400,000 worth of coverage for military family financial planning.
SGLI calculator tool
The SGLI life insurance needs calculator is available online. However, please note the SGLI's web site advisory:
"VA's Life Insurance Needs Calculator does not include every financial situation that may affect you. The Calculator should be used as a guide only and is not a substitute for a financial planner."
The SGLI's online resources
The SGLI website provides useful resources such as necessary forms and timely information on how to deal with the government program.
Meanwhile, an independent broker can provide valuable private industry knowledge, professional experience, and personal insight. He can complement what the SGLI offers, in terms of guidance.
I recommend that you speak to financial experts in both the public and private sectors, to gain as broad an understanding as possible regarding your options. While the SGLI should be your first opinion, the private sector stands ready as your second.
Copyright © 2001-2008 by Steven H. Kobrin, LUTCF. All rights reserved. Steven H. Kobrin, LUTCF, is an independent life insurance broker and recognized expert in the field, serving as a preferred life insurance quote provider for many professional advisors and their clients, including attorneys, accountants, financial planners, and loan officers. Experienced at patiently helping people through the life insurance maze, Steve is glad to share his perspective with the public and he warmly welcomes all emails and phone calls from consumers and consumer advocates. Email: skobrin@stevenkobrin.com |
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