VETERANS' GROUP LIFE INSURANCE (VGLI)

What is VGLI?

VGLI is a program of post-separation insurance which allows service members to convert their SGLI coverage to renewable term insurance. Members with full-time SGLI coverage are eligible for VGLI upon release from service.

How Much Coverage is Available?

VGLI coverage is issued in multiples of $10,000 up to a maximum of $400,000. However, a service member’s VGLI coverage amount cannot exceed the amount of SGLI they had in force at the time of separation from service.

How Much Does VGLI Cost?

VGLI Premiums are based upon the separating member’s age. Premium rates were reduced effective July 1, 2008. Follow this link to view VGLI premium rates.

How to Convert My SGLI to VGLI Coverage

To convert SGLI to VGLI, an eligible member must submit an SGLV 8714, Application for Veterans’ Group Life Insurance to the Office of Service members’ Group Life Insurance with the required premium within one year and 120 days from discharge. However, service members who submit their application within 120 days of discharge do not need to submit evidence of good health. Service members who apply after the 120-day period must submit evidence of good health.

VGLI Commercial Policy Conversion Feature

VGLI policyholders can convert their VGLI to an individual commercial life insurance policy at any time.