SGLI can be converted to renewable five-year term life insurance coverage known as VGLI (Veterans' Group Life Insurance) after you leave the service.
Veterans Group Life Insurance
VGLI is a life insurance program which allows service members to convert their SGLI coverage to renewable term insurance. Members with full-time SGLI coverage are eligible for VGLI when they leave the service. VGLI, like SGLI, is overseen by the VA, but is administered by the Office of Servicemembers' Group Life Insurance.
VGLI coverage is issued in multiples of $10,000 up to a maximum of $400,000. However, a service member's VGLI coverage amount can't be more than the SGLI they had when they left the service.
Eligibility For VGLI
VGLI is available for:
- A service member who was on active duty for more than 30 days and had SGLI
- A member of the Ready Reserves who had SGLI and is being separated or released from drilling assignment
- A member assigned to the Individual Ready Reserve (IRR) or to the Inactive National Guard (ING) of a branch of service, or
- A member who had part-time SGLI and who, while performing duty (or traveling directly to or from duty), suffered an injury or disability which renders him/her uninsurable at standard premium rates.
How To Apply For VGLI
Within approximately 45 to 60 days following your separation from service, you should receive an application from OSGLI.
Note: these time limits have temporarily been extended by 90 days. Through Dec. 11, 2021, you will have 330 days after discharge to apply without a physical exam and one year and 210 days to apply with a physical exam.
You have one year and 120 days from your date of separation from service to apply for VGLI. After this, you are no longer eligible for VGLI. There are different criteria for applying within 240 days from your date of separation or after 240 days from your date of separation as noted below:
- If you submit a VGLI application within 240 days following separation from service, you just submit the application along with the first month's premium. You do not need to provide evidence of good health.
- If you submit a VGLI application between 240 days and one year and 120 days after separation from service you need to provide proof of good health and pay the first month's premium with your application.
If you don't get an application in the mail, you can apply for VGLI online.
Visit the Military.com Insurance Center to get information, advice, tips and to learn more about your life, auto, renters, and long-term care insurance options.
Payment Of Premiums
Once your VGLI application is approved, you will get a certificate of coverage and you will begin receiving bills on a monthly basis (unless you are a retiree and choose to have the premium payments taken directly from your retirement pay).
There are several options available for the payment of premiums. For some of these options the insured may benefit from a discount of premiums. Visit the VGLI website to get the latest premium and rate information.
Get the Coverage Your Family Needs
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