(This measure has not been amended since it was passed by the Senate on September 27, 2005. The summary of that version is repeated here.)
Servicemembers' Group Life Insurance Enhancement Act of 2005 - Repeals, as of August 31, 2005, section 1012 of Division A of P.L. 109-13 which increased the maximum amount of coverage under the Servicemembers' Group Life Insurance (SGLI) program to $400,000 and, for members serving in certain areas or operations, allowed $150,000 of such amount to be paid for by the Secretary concerned. Reinstates Federal provisions concerning such coverage as in effect prior to the enactment of the above Act.
Reinstates the PL 109-13 SGLI $400,000 maximum member coverage amount.Requires the Secretary of the military department concerned to notify a member's spouse when a member who is married and is: (1) eligible for SGLI elects not to be so insured; (2) insured and whose spouse is designated as a beneficiary if the member elects coverage in an amount less than the maximum; or (3) insured makes a beneficiary designation of a person other than the member's spouse or child.
Requires amounts of SGLI elected by members to be evenly divisible by $50,000 (currently $10,000).
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