Life · Chapter 8 · Military & Federal
SGLI — Servicemembers' Group Life
Definition
Group term life for full-time members of the armed services: up to $500,000 in $50,000 increments. All active servicemembers are automatically covered unless they opt out.
Easy to confuse with
These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.
Related terms