From Navy Personnel Command Public Affairs
MILLINGTON, Tenn. (NNS) – The Navy announced in NAVADMIN 085/17 that Servicemember’s Group Life Insurance (SGLI) will be available online for Sailors to verify, update and change their insurance coverage amount and beneficiaries starting April 6.
To view or change information, Sailors may access SOES through My Navy Portal at https://my.navy.mil, by choosing the milConnect tab and logging into milConnect system. Once logged into milConnect, Sailors select the “SOES” option under the “Benefits” tab and follow the prompts. Users may access milConnect with a Common Access Card (CAC), DFAS (myPay) account, or DS LOGON account.
“Moving from paper to electronic beneficiary forms will provide a faster, easier method for Sailors to make changes to their coverage and beneficiary information,” said Ann Stewart, Assistant Chief of Naval Personnel for Pay and Personnel.
Using SOES, service members may manage coverage amounts and name and update their beneficiaries. Members may also elect coverage for their dependent children and nonmilitary spouses under the Family SGLI program.
The paper form will still be accepted if a change to beneficiaries must be made and the Sailor has no access to internet, but it is recommended that the change be made online at the first available opportunity.
If a married service member declines coverage, elects other than the maximum amount of coverage, or designates beneficiaries other than the spouse or a child of the member, the spouse is automatically notified by an SOES generated notification.
“This change will help Sailors more effectively manage their insurance needs,” said Alan Gorski, acting deputy director, Navy Casualty Office. “We encourage all Sailors to login and make sure that their SGLI information is uptodate to prevent unexpected stress on their loved ones should something happen to them.”
SGLI is a program of low cost group life insurance for service members on active duty, ready reservists, members of the National Guard, members of the Commissioned Corps of the National Oceanic and Atmospheric Administration and the Public Health Service, cadets and midshipmen of the four service academies and members of the Reserve Officer Training Corps. SGLI coverage is available in increments of $50,000 to a maximum of $400,000. SGLI premiums are currently $.065 per $1,000 of insurance, regardless of the member’s age.