Showing posts with label Quel Surprise. Show all posts
Showing posts with label Quel Surprise. Show all posts

Sunday, March 13, 2016

Well, that's not supposed to happen...

Members of the US military are covered under Servicemembers Group Life Insurance, or SGLI. It's a pretty good deal, considering that you are subject to going to unpleasant places and living an unpleasant lifestyle, which you may not survive.

Upon separation from the service --  discharge, retirement -- one has the option of converting it to Veteran's Group Life Insurance, or VGLI.

For years decades there has been a rumor that would periodically pop up that a "dividend" was being paid based on performance, or over-payments, or something. I don't think anyone knows how it started, I first heard it back in the early 80s. I always suspected it was part of some kind of scam that I was too naive to unravel.

Until now.

I got a refund check for overpayment. Not huge, it'll pay for a nice, but not epic, night out.

So I suspect that someone got a refund, and the rumor mill took over, and the next thing you knew...