Can Soldiers Get Life Insurance? 
Soldiers can get life insurance through SGLI -LRB- Servicemembers Group Life Insurance -RRB- . In fact , soldiers are automatically issued the maximum amount of SGLI life insurance coverage of $ 400,000 when they enter the service . There is a small cost to the soldier being insured . If you do not want that much , you can reduce the face amount by increments of $ 50,000 or decide not to purchase it altogether . 