- 1). Call the U.S. Department of Veterans Affairs and inquire about Servicemembers' Group Life Insurance. Active-duty members may purchase up to $400,000 in discounted term-life insurance, in $50,000 increments, for as little as $0.065 per $1,000 of benefits. Obtain Form SGLV 8285, Request for Insurance to purchase it. Coverage is automatic for those in active duty for at least 31 days.
Office of Servicemembers' Group Life Insurance
80 Livingston Avenue
Roseland, New Jersey 07068-1733
800-419-1473 - 2). Find an insurance company that will underwrite active military stationed in the U.K. Companies such as Lloyds of London and Petersen International Underwriters provide high-risk international life policies.
- 3). Apply for extended coverage but calculate what the cost will be. For some, costs of these policies may be prohibitive as they are not discount policies and are designed to cover higher-risk individuals.
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