Active Duty and Retired Military

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Active Duty and Retired Military

GPM Life is proud to provide insurance products to active duty and retired servicemembers. Learn more about your benefits and the opportunities private life insurance can offer.

Understanding your life insurance benefits

In September of 2005, Congress made significant increases to the death gratuity and SGLI benefits previously paid to military families after the death of a servicemember. These changes were made retroactive to October, 2001.

GPM Life has been serving active duty and retired military since 1934. Our insurance professionals are available to help you understand the benefits available to you and your family.

Learn more about benefits for military

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Learn more about benefits for military
Servicemembers Group Life Insurance (SGLI)

SGLI is a VA program that provides low cost group life insurance to active duty members of the Uniformed Services. Members are automatically insured under SGLI for the maximum amount of $400,000 unless an election is filed reducing the insurance by $50,000 increments, or canceling it entirely.

In addition, SGLI coverage now includes Traumatic Injury Protection. This coverage provides servicemembers protection against loss due to traumatic injuries and is designed to provide financial assistance to members and their families during their recovery from injuries. The coverage ranges from $25,000 to $100,000 depending on the nature of the injury.

Veterans Group Life Insurance (VGLI)

SGLI coverage may be converted, upon release from active duty or upon separation from the Ready Reserve to VGLI.  

VGLI premiums will be higher than SGLI for the same coverage, and will increase every 5 years as the veteran reaches certain ages. A private insurance alternative may be a more affordable solution.

Death Gratuity

The death gratuity program provides for a special tax-free payment of $100,000 to eligible survivors of members of the armed forces who die while on active duty, or while serving in certain reserve statuses.  

The purpose of the death gratuity is to provide an immediate cash payment to assist survivors of deceased members of the armed forces to meet their financial needs during the period immediately following a member's death and before other survivor benefits, if any, become available.

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