Category Archives: Insurance

Why SGLI Isn’t Enough Life Insurance For Most Military Families (Part 2)

This is the second of a two-part article, designed to outline why SGLI isn’t enough life insurance for most military families.  Part one discussed SGLI coverage on the servicemember.  This article discusses the reason why Familymember SGLI (FSGLI) is usually … Continue reading

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Why SGLI Isn’t Enough Life Insurance For Most Military Families (Part 1)

Most people know that SGLI is the cheapest life insurance available.  At $28.00/month for $400,000 in coverage (or about 7 cents/month for every $1,000 in coverage)—by far.  Unfortunately, this creates two problems: SGLI’s pricing leads people into thinking that all … Continue reading

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5 Life Insurance Considerations for Your Military Transition

As you transition from active service, life insurance is an important, yet overlooked aspect of your post-military financial planning.  In a previous article, I discussed five considerations about your military life insurance needs.  To build on those relevant points, this … Continue reading

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12 Lessons Learned From My Homeowner’s Insurance Claim

Executive Summary This story is about my personal experience in dealing with a homeowner insurance claim for a roof replacement.  Although virtually every other home in my neighborhood experienced the same damage (from a freak hailstorm), my insurance claim became … Continue reading

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SGLI Conversion-Why VGLI Might Be Better Than Whole Life Insurance

According to the VA Department, SGLI ends when you leave the military, unless you qualify for a disability extension.  Although you’ll no longer have your SGLI, there are two ways to continue your $400,000 coverage.  If done within a certain … Continue reading

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My Term Life Insurance Policy Experience

This article is all about my experience in purchasing a life insurance policy.  If you’ve been interested in doing that for yourself, but feel intimidated by the process, then you should read this article.

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30 Day Financial Transition Challenge Day 22: Disability Insurance

Welcome to Day Twenty-Two of the “30 Day Financial Transition Challenge.”  Today’s article focuses on disability insurance. Bottom Line Up Front (BLUF)  As you exit the military, it’s important to look at protecting your post-military income, especially from death and … Continue reading

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30 Day Financial Transition Challenge Day 17: Post-Military Life Insurance

Welcome to Day Seventeen of the “30 Day Financial Transition Challenge.”  Today’s article focuses on your post-military life insurance needs. Bottom Line Up Front (BLUF) As you exit the military, you need to look at your post-military income, and how … Continue reading

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30 Day Financial Transition Challenge Day 10: P&C Insurance Policies

Welcome to Day Ten of the 30 Day Financial Transition Challenge.  Today’s article focuses on your property & casualty (P&C) insurance coverages. Bottom Line Up Front (BLUF) Your P&C insurance coverage is one of the most important, and overlooked, financial … Continue reading

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How To Obtain Term Life Insurance After The Military

Previously, I’ve written articles comparing the Survivor Benefit Plan and the closest alternative, term life insurance.  This article isn’t going back to rehash that discussion, but rather answer the question of “How do I go about getting term life insurance?”  … Continue reading

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