When was the last time you updated your Servicemembers Group Life Insurance (SGLI)? SGLI is a program that provides low-cost term life insurance coverage to eligible Marines. If eligible, you are automatically enrolled in SGLI and issued the maximum coverage. However, you have the option to decline SGLI coverage, select a lesser amount of coverage, and designate beneficiaries at any time. A good rule of thumb is to review your SGLI annually, and update it every time you experience a major life event, such as marriage or the birth of a child.
Keeping your policy up to date is about to get even easier. Early next year Marines will be able to manage their SGLI policy through the SGLI Online Enrollment System (SOES), a web-based program that will be hosted on the milConnect portal. SOES was developed to resolve problems caused by the paper-based process (e.g., missing SGLI forms, incorrect premium deductions, outdated beneficiary information, etc.).
You can access SOES using your CAC or a personal User ID/Password. Once you’re logged in you will be able to update beneficiary information, modify coverage amounts or just review your policy to ensure it is up to date. No more going to the IPAC to update your SGLI!
SOES will be available 24 hours a day, seven days a week to serve your SGLI needs. Implementation of SOES will be initiated at MCB Quantico and then expanded to all Marines around the world. Be on the lookout for a MARADMIN with more details on the SOES rollout in the near future.
For more information on SGLI, please contact Casualty Assistance.
With the 2016 election season in full swing, Marines and their families can participate in the election process whether they’re deployed, stationed here in the United States, or living at an overseas location.
You learned about the importance of a personal financial plan during the Transition Readiness Seminar; now is the time to put it into practice.
Do you find yourself needing help, but you don’t know what program or resource meets your needs? Then you need to call your installation's Information and Referral Specialist!