You have the opportunity to change your SGLI to a single life insurance policy with a financial company within 120 days after your discharge from active duty. You can convert the SGLI policy up to the amount you hold. Click on this link to get more information on how to change your SGLI to a single policy and a listing of all participating firms. You will get an individual policy under the firms standard premium rate, no matter the condition of your health. No disability or any other extra benefits will be given on the changed policies.