State Sponsored Life Insurance
The NGANJ and the EANGNJ manage a state sponsored life insurance program through Armed Forces Benefits Association and 5 Star Life Insurance Company.
This affordable program compliments SGLI and provides excellent coverage for the members and their spouses and features a prompt payment service, generally within 72 hours (and normally within 24 hours) of an untimely death. Payment of premiums can be facilitated by payroll deductions from your Guard pay or you may make direct payments if you choose.
- Insurance is payable in event of death from any cause
- Coverage continues twenty-four hours a day, 365 days a year
- No War Clause
- No Aviation Exclusion
- No Suicide Clause
- No Hazardous Duty or Civilian Occupation Restriction
- Full Conversion Privilege Upon Termination Regardless of Health
- Free $1,000 Policy for Members of the New Jersey National Guard
- Dependant Coverage Available
- Policies from $5,000 to $50,000 Available
Contact Colonel (Retired) William L. Peace at firstname.lastname@example.org