VA Life Insurance: SGLI and FSGLI premiums decrease


Who doesn’t like to see more money in their pocket each month? As of July 1, 2019, service members will see a few extra dollars in their wallets each month as Servicemembers’ Group Life Insurance (SGLI) and Family SGLI spousal coverage premiums decrease.

The SGLI premium rate will decrease from the current level of 7 cents per month per $1,000 of coverage to 6 cents per month per $1,000 of coverage. This will lower the premium for a service member with the maximum coverage of $400,000 from $28 to $24 a month. The Family SGLI spousal coverage premium rates will decrease for all age brackets. The premium reductions range from 10- to 32-percent depending on the age of the spouse. Service members will see the new SGLI and FSGLI spousal coverage premiums reflected in their July pay.

These premium decreases are based on typical insurance industry practices as VA Insurance programs operate like a private insurance company. Insurance companies hold reserve funds to ensure they can pay future claims. Those funds come from the premiums they charge. It is common group insurance industry practice to adjust premium rates as reserve funds increase and decrease, which typically happens when there are changes in the economy and/or changes in the number of death claims. VA insurance continues to place the interests of service members first and foremost by keeping SGLI premiums as low as possible, while also maintaining the necessary reserve levels to ensure funds are available to pay claims to beneficiaries.

For more information about the 2019 SGLI and FSGLI spousal coverage premium reductions, or to learn more about the array of VA Insurance programs available, visit the VA Insurance website at


Kristan Hoffman


  1. Jane Wilkins    

    My husband died 14 years ago from cancer caused by Agent Orange. Can zi get life insurance coverage?

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