I went to the retired reserves five years ago after 30 years. I transitioned from SGLI to VGLI.

The premiums almost tripled in price, and I had to make a lump sum payment every year, versus a monthly deduction.  Premiums also go up every few years, as the actuarial tables tell them we are more likely to die as we get older.

This fall, I am looking at a $1,200 a year premium for a $250k pay out if I die.

I already have twice as much coverage from my civilian job. No kids to support, one home paid off, other home is 75% paid off. No other outstanding debt.

Is $1,200 for  $250K coverage a good deal, or could I do better?