A friend of mine contained by the army reserves simply died of colloquial cause at home...whats the insurance payout?
Payout as in like insurance or benefits through the military.
Answers:
you will only find that out from someone above I think or even try to google it
he pays 27. dollars a drill settle up for his sgli, which is 400,000. , or atleast thats what my husband pays. Source(s): army wife
"Service member on active duty, active duty for training or deskbound duty for training and members of the Reserves are automatically covered for $400,000, the maximum amount of coverage, unless they opt out in writing. A soldier can elect lower coverage or no coverage by completing VA Form SGLV-8286. Basic SGLI premiums are currently $.065 per $1,000 of insurance, regardless of the member's age. View rates for different coverage amounts." http://www.army.com/money/sgli.html
His wife wants to contact his commander and get the paperwork rolling. In addition - this amount will be collected by his wife as long as he declared her as his beneficiary. Source(s): Former USAR personnel officer
I believe 250,000 dollars.
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Answers:
you will only find that out from someone above I think or even try to google it
he pays 27. dollars a drill settle up for his sgli, which is 400,000. , or atleast thats what my husband pays. Source(s): army wife
"Service member on active duty, active duty for training or deskbound duty for training and members of the Reserves are automatically covered for $400,000, the maximum amount of coverage, unless they opt out in writing. A soldier can elect lower coverage or no coverage by completing VA Form SGLV-8286. Basic SGLI premiums are currently $.065 per $1,000 of insurance, regardless of the member's age. View rates for different coverage amounts." http://www.army.com/money/sgli.html
His wife wants to contact his commander and get the paperwork rolling. In addition - this amount will be collected by his wife as long as he declared her as his beneficiary. Source(s): Former USAR personnel officer
I believe 250,000 dollars.
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