What is service-member group life insurance (SGLI)?

For Guard members, there's the Service-members' Group Life Insurance (SGLI)

Which provides coverage 24/7.

Soldiers are eligible for $400,000 of insurance.
Smaller amounts of coverage are available.
Coverage is available through age 60, upon receipt of your first retirement check or 120 days after a Soldier's ETS (Expiration of Term of Service).

Family members are eligible for Family Servicemembers' Group Life Insurance (FSGLI)

Available to spouses and dependent children of Guard members insured under SGLI.

FSGLI provides up to a maximum of $100,000 of insurance coverage for spouses (not to exceed the SGLI amount of the insured member).
Family coverage provides $10,000 for dependent children.
Spousal coverage is issued in increments of $10,000. Coverage costs vary.