Final answer:
The maximum amount of Servicemember's Group Life Insurance (SGLI) coverage available to personnel is $400,000. SGLI provides coverage in the event of death or serious injury for service members and veterans of the United States military.
Step-by-step explanation:
The maximum amount of Servicemember's Group Life Insurance (SGLI) coverage available to personnel is $400,000 (Option B). SGLI is a life insurance program for service members and veterans of the United States military. It provides coverage in the event of death or serious injury.
For example, if a service member were to pass away while on active duty, their designated beneficiary would receive the full amount of the SGLI coverage, up to $400,000. This coverage can help support the family members left behind and provide financial stability during a difficult time.
It is important for service members to review their SGLI coverage and make any necessary changes to ensure their families are adequately protected. They may also have the option to purchase additional coverage through the Veterans' Group Life Insurance (VGLI) program after leaving the military.