Life insurance benefit for children of military members?

Military headstones - shutterstock_201363821Q: My hus­band passed away 4/10/12. I received his SGLI. I read on Mil​i​tary​.Com that each child should receive $10,000. Is this cor­rect? Our daugh­ter should be enti­tled to this ben­e­fit, true. Please advise.

–Judith, Alabama

A: I’m ter­ri­bly sorry to hear about the loss of your hus­band. Please accept my condolences.

And though I wish I had bet­ter news for you on your ques­tion about SGLI, I’m afraid you might have mis­un­der­stood this ben­e­fit. The $10,000 child cov­er­age asso­ci­ated with SGLI is actu­ally a life insur­ance pol­icy on the child that is pro­vided under Fam­ily SGLI (FSGLI). Spe­cific to your ques­tion this means while your hus­band was insured, your daugh­ter would also have had $10,000 of life insur­ance in case she passed away. It’s unfor­tu­nately not part of the ben­e­fit that would be paid to her at his passing.

Also, and I’m guess­ing you already know this, the depen­dent child life insur­ance cov­er­age under FSGLI ends 120 days after the pass­ing of the Ser­vice­mem­ber so she would no longer have this cov­er­age. More infor­ma­tion about ben­e­fits and ser­vices avail­able to depen­dents and sur­vivors of mil­i­tary mem­bers is avail­able on the Depart­ment of Vet­er­ans Affairs web­site.

I’m really sorry I didn’t have bet­ter news for you here but I hope this infor­ma­tion is help­ful. I wish you and your daugh­ter all the best.


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