VA to reduce rates for Servicemembers' Group Life Insurance

On July 1, the U.S. Department of Veterans Affairs (VA) will reduce Servicemembers' Group Life Insurance (SGLI) monthly premium rates from 7 cents per $1,000 to 6 cents per $1,000 of insurance, along with Family SGLI Program (FSGLI) premium rates for spousal coverage at all age brackets.

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