At any time, your coverage for VGLI may be converted to an individual life insurance policy in affiliation with a private company that is on the panel of the program. The amount up to that for VGLI coverage may be converted. Information regarding the process along with a list of participating companies may be accessed here: Conversion Page. An individual policy will be issued to you at the standard rates of premium regardless of your health. Converted policies have no supplemental benefits or any disability benefits.