SGLI insured have two options available to them upon release from
service. They can convert their full-time SGLI coverage to term insurance
under the Veterans’ Group Life Insurance program or to a permanent plan
of insurance with one of the participating commercial insurance companies.
Military members may purchase a SGLI
policy through military pay deduction. It is currently limited to $250,000
(since 1 April 2001). See Service
Members Get More Life Insurance Coverage.
For more information see SGLI information on-line at http://www.insurance.va.gov.
You may find general information about SGLI on the SGLI page of the Department of Veteran’s Affairs web site.
||Right-click on the hyperlink and choose “save target as…”
download the SGLI-VGLI Handbook.
Remember, how much life insurance you need depends
on your personal situation.
For more information, contact the Office of Service
Members’ Group Life Insurance (OSGLI) at (800) 419-1473 or email