Does The Air Force Provide Life Insurance? 
If plan to enlist in the Air Force , you will receive $ 400,000 of Term Life Insurance under SGLI -LRB- Servicemembers Group Life Insurance -RRB- provided by the VA. . There will be a small charge . If you do n't want to keep that much coverage , you can reduce it by increments of $ 50,000 or cancel it altogether . 