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Life Insurance Coverage For My Military Spouse

As a former Unites States Marine I can’t tell you how grateful I was to have life insurance protection under the Service Members Group Life Insurance or SGLI.  In the event I should have passed away, I knew that my dependents would be financially covered.

But what if my spouse who was not a military service member and not covered by the SGLI, were to unexpectedly pass away? How would I have the cash needed to replace her everyday rolls?

I had to seriously think about the following:

  • How would I be able to afford to stay in our home?
  • How would I be able to pay off our debt?
  • How would I be able to pay for the funeral cost?
  • How would I be able to afford childcare?
  • How would I be able to replace her lost income from her work?
  • How would I be able to perform all of the in-home services she provided?
  • Would I have to hire someone to help me?

Not having the financial answers to fulfill these questions, I knew we needed to consider purchasing military spouse life insurance coverage for my wife. So we began our search for the right type of life insurance coverage.

First, we did look into the Family Service Members Group Life Insurance or FSGLI program which is another excellent benefit offered by the military.

The only problem was that our need for a higher death benefit was greater than the maximum amount offered by the FSGLI of $100,000, so we needed to look into coverage options outside of the military.

Military Spouse Life Insurance Outside of FMGLI

With our needs being so much greater than $100,000 and living on a budget we began our search online looking into coverage options that would best fit our needs.

By searching online for additional coverage options we were able to do the following:

The Solution...Life Insurance

Purchasing a military spouse life insurance coverage outside of the military provided us the amount of death benefit coverage we needed at very affordable rates.

Best of all it provided our family financial peace of mind knowing that should one of us pass away all of the “Would I” questions would be financially answered through the cash that our life insurance policies would provide to each other.

In the military and have questions about military spouse life insurance coverage? Please feel free to contact us toll-free at (888) 777-7574 or send us a message and we will help answer your questions.

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Jeffrey Manola

Jeffrey Manola

Jeffrey Manola is the owner and an experienced life insurance agent at Top Quote Life Insurance. His goal is to provide online consumers with the absolute top quotes for all term life insurance, permanent life insurance, and no medical exam life insurance. Not only does he strive to provide you with the best premium for your life insurance coverage, but he also wants you to be well informed about life insurance coverage options and its importance. Never hesitate to reach out to Jeffrey if you need help. Top Quote Life Insurance is more than just an online quoting agency. We want to help you save money, protect your future, and earn your trust (888) 777-7574.

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