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SGI Beneficiaries Naming a Minor As Beneficiary: A Warning Minor children, those under the age of 18, CANNOT directly receive SGI proceeds. Do NOT name a minor as a direct beneficiary of your life
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How to fill out sgli beneficiaries

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How to fill out sgli beneficiaries:

01
Contact your SGLI office or visit the official SGLI website.
02
Obtain the necessary forms to designate your beneficiaries.
03
Fill out the forms accurately and legibly.
04
Provide the requested information, including your full name, service number, and contact details.
05
Indicate the percentage or amount of the benefit each beneficiary should receive.
06
Include the full names, social security numbers, and relationship to you of each designated beneficiary.
07
Review the completed form to ensure all information is correct and complete.
08
Sign and date the form.
09
Submit the form to the appropriate SGLI office or submit it online if available.

Who needs sgli beneficiaries:

01
Active duty service members who are enrolled in the Servicemembers' Group Life Insurance (SGLI) program.
02
Reserve and National Guard members who are covered under SGLI.
03
Veterans who have converted their SGLI coverage to VGLI (Veterans' Group Life Insurance).
04
Retired service members who have opted to continue their SGLI coverage through the Retired Servicemembers' Family Protection Plan (RSFPP).
05
Service members who have traumatic injury protection (TSGLI) coverage, as they may also need to designate beneficiaries for this additional benefit.
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SGLI beneficiaries refer to the individuals who will receive the proceeds of a Servicemembers' Group Life Insurance policy in the event of the policyholder's death.
All active duty and reserve service members are required to designate SGLI beneficiaries.
To designate or update SGLI beneficiaries, service members must complete and submit a SGLV Form 8286 to their branch's personnel office.
The purpose of SGLI beneficiaries is to ensure that the proceeds of the insurance policy are distributed according to the policyholder's wishes in the event of their death.
SGLI beneficiary designations must include the beneficiary's full name, relationship to the policyholder, date of birth, and SSN.
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