What Is Servicemen Group Life Insurance? 
Servicemen Group Life Insurance -LRB- SGLI -RRB- is a group life insurance policy provided to uniformed service members by the VA. . It is a $ 400,000 life insurance policy that has a relatively low cost . Eligible persons are automatically given the entire $ 400,00 but have the option to reduce that amount or not take the policy at all , if desired . 