TITLE

Group Life Insurance

PUB. DATE
December 2005
SOURCE
PN;Dec2005, Vol. 59 Issue 12, p78
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information related to P.L. 109-80, the Service members' Group Life Insurance Enhancement Act. This law permanently increases the maximum coverage available for Servicemembers' Group Life Insurance (SGLI) and Veterans' Group Life Insurance from $250,000 to $400,000. The temporary increase was included in P.L. 109-13, the Emergency Supplemental Appropriations for the U.S. Department of Defense and the Global War on Terror. This law only allowed for the increase until September 30. The law also includes a provision affecting only SGLI that requires the Department of Defense to notify the servicemember's spouse in writing if the service member declines SGLI coverage or chooses an amount less than the maximum.
ACCESSION #
18896066

 

Related Articles

  • DoD Implements Traumatic Injury Protection.  // Officer;Apr2006, Vol. 82 Issue 3, p13 

    The article reports on the implementation of the traumatic injury protection by the U.S. Department of Defense under the Servicemembers Group Life Insurance program as enacted by section 1032 of Public Law 109-13. The program is designed to cater the needed financial assistance to servicemembers...

  • ILLICIT. LOVENDUSKY, MICHAEL // Brief;Spring2011, Vol. 40 Issue 3, p46 

    The article focuses on the legitimization of life insurance settlements in the U.S. The life insurance settlements involves systematic acquisition and transfer of life insurance policies to investors without insurable interest in the insureds' lives. However, concerted activity of settlement...

  • Traumatic Injury Protection Implemented.  // All Hands;Feb2006, Issue 1066, p7 

    The article focuses on the traumatic injury protection insurance under the Group Life Insurance of the Servicemembers program of the U.S. Navy. According to the Department of Defense, the insurance is enacted by Section 1032 of Public Law 109.13 and will be known as TSGLI. It is designed to give...

  • Victory for NAIFA. Kerley, Michael // Advisor Today;Oct2006, Vol. 101 Issue 10, p32 

    The article focuses on the pension reform legislation passed by the U.S. Senate and Congress and signed into law by the President George W. Bush on August 17, 2006. The new law contains changes that will enhance the business interests of the National Association of Insurance and Financial...

  • Life insurance Roll-outs: Cash for current needs.  // Workforce;May97 Supplement Tools, Vol. 76, p1 

    Provides information about life insurance roll-outs in United States. Definition of roll-outs; Process involved in life insurance roll-outs; Provisions under the Health Insurance Portability and Accountability Act.

  • Financial guaranty proposal draws insurers' ire.  // Best's Review / Life-Health Insurance Edition;Jul94, Vol. 95 Issue 3, p57 

    Reports on a proposal in the New York State Legislature that could increase the number of insurers in the corporate pension market. Issuance of guaranteed investment contract; Opposition from life insurers.

  • Life insurers lose antitrust immunity.  // Business Insurance;6/19/95, Vol. 29 Issue 25, p17 

    Reports on the California Supreme Court's decision that life insurers are subject to liability under antitrust and unfair business practice laws.

  • Vote due on stripped-down insurance reform bill in Pa. King, Carole // National Underwriter / Life & Health Financial Services;6/13/94, Vol. 98 Issue 24, p3 

    Reports on the result of insurance industry's lobbying effort on Pennsylvania Gov. Robert P. Casey's Life Insurance Marketing and Sales Reform Act. Disclosure of commissions and other expenses; Prohibitions against agents' preparing illustrations; Reporting requirements; Views of the Insurance...

  • Only small changes in the life market.  // International Insurance Monitor;1994 4th Quarter, Vol. 48 Issue 4, p17 

    Reports on the changes in the Czech Republic's life insurance market following the passage of the insurance law allowing foreign-owned companies to enter the market in 1992. Dominance of the state-owned Ceska Pojistovna in the market; Companies that have entered the market; Total premium income...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics