To: kellynla
I think what DTS 32041 is referring to is called Serviceman's Group Life Insurance. When we were in Vietnam (3rd Bn, 26th Marines 68-69), I think the payout amount was $25K (?) and they deducted $2.00(?)/month from our pay for it. Remember those forms you had to fill out for your SRB that designated your next of kin? One of them was for SGLI. Over the years the payout amount and the monthly deductible have increased.
Given the harzardous nature of a grunt's life, it's about the only insurance a Marine - or most other servicemembers -can get that will provide a benefit if you are killed in combat. Most commercial insurance has what they call "war clauses" that specifically exclude pay out for a war-related death (among other things).
Semper Fi!
11 posted on
04/10/2003 2:45:19 PM PDT by
Captain Rhino
(- If you will just abandon logic, these things will make alot more sense to you!)
To: Captain Rhino
Well as you can see from my tagline I was a grunt right after you were there. However I was so cocky I didn't even inquire about any life insurance because I had no intention of coming back in a bag. And with me walking point in '69 & '70 Lloyds of London wouldn't have insured my arse! LOL Especially after I got hit the first week I was there. Welcome home Marine. Semper Fi
12 posted on
04/10/2003 3:42:51 PM PDT by
kellynla
( "C" 1/5 1st Mar Div '69 & '70 An Hoa, Viet Nam Semper Fi)
To: Captain Rhino
BTW I see you just signed up. Welcome aboard newbie!
13 posted on
04/10/2003 3:44:27 PM PDT by
kellynla
( "C" 1/5 1st Mar Div '69 & '70 An Hoa, Viet Nam Semper Fi)
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