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How much does SGLI coverage increase?

Starting on the 1st of September, 2005, there was an automatic increase in SGLI from $250,000 to $400,000. All Veterans whose mortgage balance at the time of obtaining VMLI coverage was above $150,000 are eligible for this increased coverage. If you want to increase the SGLI coverage after first declining it, you must fill and sign a form and request for insurance in front of an authorized representative of the armed forces.

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