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by weatherman taking week or so off on July 3rd, 2007
US soldiers have SGLI, Servicemans Group Life Insurance, which is for $250,000. If the foolish soldier desires, he/she can waive that benefit and get about $10 extra in pay each month. SGLI is issued by the government and applies to acts of war as well as other accidental deaths. SGLI is convertible to VGLI (Veterans Group Life Insurance) at retirement.
by anonymous on July 12th, 2007
The truth is, yes we have life insurance (SGLI) for 450,000 dollars. Yes we can get outside life insurance for upto 1,000,000 dollars before age 35. 500,000 after that. You are even insured while you are retired from service. They even have a new thing called FSGLI for your family members. They are insured for 100,000 dollars for 6 dollars a month.
by suzycue on May 29th, 2007
If you examine the small print on your life insurance, you will notice - in exclusions - 'acts of war'. So, I believe that excludes soldiers in a war zone. They can get insurance, but if killed while fighting a war, their beneficiaries cannot claim. If a soldier dies from illness, natural causes, MVA, then that counts, and their widows/mothers whomever named can claim.There is, however, a pension which, a widow can receive, as far as I know.
Recently, in Canada, it came to light that widows of soldiers killed in Afghanistan were unable to claim the life insurance on mortgages and so were losing their homes, if unable to keep up the payments. Once the media grabbed this, the Minister of Deense made some kind of move with the big banks, and this stipulation was overthrown.
Good question, sloroller!
by Pogster on July 4th, 2007
Yes, but some policies exclude war deaths. The US government provides an insurance-type death benefit for those killed in the line of duty.
by BuckeyeSandy on July 18th, 2007
They may also purchase their own personal policies just like anyone else does, but many of these commerical policies have serious restrictions and do not always pay benefits for "death by combat or hostile fire."
by td49ers84 on February 23rd, 2011
I know that Kansas City Life Insurance company, insures many US soldiers station in Germany and Italy. I was at event and talked two men that handled life insurance. I think if you want more information you can call them at 732-383-8165 or his email was tdohety@morgan247.com
What weapon(s) can you take apart?
by FalsePretense on September 19th, 2011
| 1 person likes this
So covering your body with a grenade actually works in war time?
by Friendly Stranger on August 19th, 2011
| 2 people like this
Does Uncle Sam really want you? [̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅]
by Anonymous on October 16th, 2011
| 2 people like this
Should females have the right to choose infantry as their MOS?
by KatieMichelle on October 9th, 2011
| 1 person likes this
Should Generals, and possibly Special Forces, be allowed to execute commoners who insult them, Bushido/chivalry style?
by Have A Nice Day on August 3rd, 2011
| 1 person likes this
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Comments
Some life insurance policies in the open market have a "war" clause which limits or eliminates death benefits if death occurs from an act of war.
by Pogster on April 21st, 2009