Choosing between term and whole life insurance can be a daunting task. Both have their advantages, but understanding the underlying principles can help you make a more informed decision. This article dives into the often-debated topic of term vs whole life insurance, ultimately suggesting a term life insurance plus investing approach. Understanding Term Life Insurance…
Servicemembers’ Group Life Insurance (SGLI) is a critical life insurance program designed to provide financial protection for military personnel and their families. In this comprehensive guide, we cover everything you need to know about SGLI, including eligibility, coverage, benefits, and processes. What is SGLI? SGLI, or Servicemembers’ Group Life Insurance, is a low-cost term life…
Veterans’ Group Life Insurance (VGLI) is a life insurance program designed to provide financial security for veterans and their families after leaving military service. In this comprehensive guide, we’ll cover everything you need to know about VGLI, including eligibility, coverage, benefits, and the application process. What is VGLI? Veterans’ Group Life Insurance (VGLI) is a…
A list of 2020 4th of July free meals, freebies, discounts and deals for active duty military, veterans and retirees. Independence Day will be celebrated on Saturday, July 4, 2020. Note: For theme parks and brick and mortar locations reporting discounts be sure to check for closures and changes due to these ever-changing times. 2020 Fourth…
There are many bonuses and perks offered by credit card issuers to active duty military members. Some credit cards for active duty soldiers, sailors, airmen, and Marines waive annual fees, cap interest rates, and/or offer money back for purchases up to a certain amount. You may find some credit card companies offer these on a…
Military members, dependents, and military spouses are especially vulnerable to credit problems like identity theft, the potential for lost or stolen cards and personal information, and many other problems. Fortunately, there are steps you can take to save your credit rating even if you are compromised, miss a payment, or have related issues. Credit and…
Did you know that the Department of Veterans Affairs offers a prescription refill and tracking service? The VA Prescription Refill and Tracking tool lets you refill your VA prescriptions, track deliveries, and build lists to help you keep medications organized properly to best manage your health conditions. This tool is provided for eligible veterans and you…
My HealtheVet is an online Personal Health Record that was developed by the VA to help veterans manage their health information, and to utilize some of the VA’s services online. The goal of this site is to change the way health care is delivered to veterans by providing all of their health care information in…
Military airport lounges have been a staple of official and leisure travel for servicemembers and their families for a very long time. Anyone who has ever had to make a permanent change of station move from a stateside to an overseas assignment has likely taken advantage of a military airport lounge, and those traveling with…
VA education benefits for dependents include options under the GI Bill, Yellow Ribbon program, and scholarship funds. If you are a military dependent wondering what your options from the VA might be, much depends on the nature of the military member’s service, time spent in uniform, and what GI Bill program the member signed up for at…
