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Can Military Spouses Get Discounted Life Insurance?

Life Insurance for Military Spouses

Military spouses have access to several insurance options:

During Active Duty

  • FSGLI: Family Servicemembers Group Life Insurance provides up to $100,000 in coverage for spouses
  • Automatic enrollment: Spouses are automatically enrolled when the service member signs up
  • Affordable rates: Premiums are subsidized by the government

After Separation

FSGLI ends 120 days after the service member separates. Spouses should secure private coverage before this happens. Options include:

  • Term life insurance — most affordable for young, healthy spouses
  • Whole life — permanent coverage that never expires
  • Final expense — for older spouses or those with health conditions

At CoverMeOnline, we help military families find affordable coverage for both the veteran and their spouse. Contact us for a free family coverage quote.

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Related Questions

What Life Insurance Options Are Available for Veterans? +

Veterans can access SGLI (active duty), VGLI (post-service), VA disability-based insurance, and private market policies. Private policies often offer better rates and coverage than government options for healthy veterans. Read more

How Do I Convert SGLI to VGLI? +

You have 240 days (about 8 months) after separation to convert SGLI to VGLI without evidence of health. After 240 days, you can still apply within 1 year and 120 days with evidence of good health. Read more

How Much Life Insurance Do Veterans Need? +

Most financial advisors recommend 10-15 times your annual income in life insurance coverage. For veterans, consider your VA disability income replacement, outstanding debts, family needs, and any existing SGLI/VGLI coverage. Read more

Get Your Free Veterans Life Insurance Quote

Compare rates from top veterans life insurance insurance carriers.

No medical exam required Coverage in as little as 24 hours Rates from $20/month