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Servicemembers Group Life Insurance (SGLI) is a program that provides low-cost term life insurance coverage to eligible Marines. An estimated 154,000 Marines are eligible for SGLI’s maximum coverage of low-cost term life insurance. However, nearly 40 percent of Marines have never logged into SGLI Online Enrollment System (SOES) to confirm their enrollment and selections.
All eligible Marines can log into SOES at https://milconnect.dmdc.osd.mil/milconnect/. Login can be done with CAC or with DS logon. Once logged into milconnect, click on the blue “manage my SGLI” button.
There is good reason for enrolled Marines to log into SOES every two years, or following a life changing evert. Using the website, Marines can update beneficiary information, modify coverage amounts, or just reviewing their policy, ensuring it is up to date. No more going to the IPAC to update SGLI; SOES is available 24 hours a day, seven days a week to serve your SGLI needs.
Marines have the option to decline the coverage, but this cannot be done unless they are enrolled in SOES. SOES requires military members who are married to another service member to have their marital status properly updated in the Defense Enrollment Eligibility Reporting System (DEERS). Impacted Marines whose marital status has not been updated in DEERS will not be able to make a SOES election and will not have Family SGLI until such time it is correct in the DEERS database.
Commanders need to ensure that all Marines who have not made an election in SOES, make one AND “Confirm and Certify” before exiting, no later than 1 April 2022.
Spousal coverage under the Family Servicemembers’ Group Life Insurance (FSGLI) program doesn’t have to be permanent. Following certain life events, spouses have the option of conversion, which is a process that allows individuals to transfer their existing group coverage to an individual life policy without the need to provide evidence of good health.
When was the last time you updated your Servicemembers Group Life Insurance (SGLI)? Beginning May 1, you can keep your policy up to date online.
Last week, the Harry W. Colmery Veterans Educational Assistance Act, known as the “Forever G.I. Bill,” was signed into law. Check out some of the specifics per the Department of Veterans Affairs below:
The Servicemembers Group life Insurance (SGLI) Accelerated Benefit Option gives terminally-ill SGLI policyholders access to the death benefits of their policies before they die.
Keeping your SGLI policy up to date is about to get even easier. Early next year Marines will be able to manage their policy through the SGLI Online Enrollment System.