From Sunblock to Safety Nets: Why Military Members Should Invest in Life Insurance This Summer
Written by Brandy Hall, MSN, RN
Summer is more than just sunshine and vacations—it’s the perfect time to take a look at life insurance and how it can help secure your family’s financial future. Here are some things to consider.
Deployment Readiness
Preparing for deployment? Summer is the ideal moment to review and update financial plans. Life insurance can help ensure your family remains financially secure should the unexpected happen while you’re away, offering peace of mind amidst military service uncertainties.
Smooth Transitions
Summer often means transitions—new duty stations, retirement decisions, or career shifts. Military-tailored life insurance travels with you during these changes, providing protection for your loved ones no matter where your service takes you.
Beyond Military Benefits
While Servicemembers’ Group Life Insurance (SGLI) and Veterans’ Group Life Insurance (VGLI) provide some coverage, additional life insurance can help pay for expenses outside of just burial costs that are specific to your family, like mortgage payments, credit card debt, and more.
Educational and Family Support
Education costs can quickly become overwhelming after the loss of a loved one who was an income provider for the family. Life insurance can provide financial support to pay for expenses like tuition and housing, so dependents can continue their education.
Safe Travels
Summer travel is a must, but it also increases accident risks. Review your life insurance to ensure coverage against unforeseen events during travel, providing financial security wherever you go.
Know Your Options
Life insurance is often offered in two options: term or permanent. Term life insurance is active for a set period of time and permanent life insurance is active from purchase to the end of your life, as long premiums are paid. Many people choose one or the other, but you may find that a combination of both can provide your family with the financial security that they need.
More Time to Plan
With potential downtime, summer offers the perfect opportunity to research and secure the best life insurance policy. Calculate your expenses, compare policies, understand your options, and lock in coverage that fits your family’s specific needs. Give your loved ones the gift of peace of mind. Get life insurance today.
Navy Mutual
Protect the future of those you love. Navy Mutual offers life insurance and annuities to current and former servicemembers and their families. As the oldest federally-recognized Veterans Service Organization, Navy Mutual also offers education and counseling on service-related benefits for you and your loved ones. Connect with a Life Insurance expert today!
About the Author
Brandy Hall, Nurse Writer turned content creator, specializes in crafting engaging, well-researched blog content that captivates audiences. With a knack for simplifying complex topics, she creates easy-to-understand blogs and content that resonate with readers. As a certified blogger, editor, and reviewer, she ensures that every piece delivers value and clarity, empowering readers with confidence. When she’s not immersed in the world of writing, Brandy explores creativity and adventure as a mom and military spouse, bringing a unique perspective to her work.