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SGLI in 2026: Coverage, Cost, and How It Hits Your Paycheck

Updated 2026-06-08

Servicemembers' Group Life Insurance (SGLI) covers up to $500,000 for $0.05 per $1,000 of coverage per month, plus a flat $1 for TSGLI. Maximum coverage costs $26/month, deducted automatically from your pay.

2026 SGLI premiums by coverage level

CoverageMonthly premium (incl. $1 TSGLI)
$500,000 (max)$26.00
$400,000$21.00
$300,000$16.00
$200,000$11.00
$100,000$6.00
$50,000 (min)$3.50

Coverage is elected in $50,000 increments. New members are automatically enrolled at the maximum; you can reduce or decline in writing (think hard before doing so — SGLI is far cheaper than comparable civilian term life for most members).

What else to know

See SGLI and every other deduction in your full paycheck breakdown.

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Frequently asked questions

How much does SGLI cost in 2026?

$0.05 per $1,000 of coverage plus $1 TSGLI — the $500,000 maximum costs $26 per month.

How much SGLI coverage can I get?

Up to $500,000, elected in $50,000 increments. New members are auto-enrolled at the maximum.

Is SGLI worth it?

For most members yes — it's significantly cheaper than comparable civilian term life insurance and has no health screening.