You need to know some points before you decide your VGLI coverage, these points are: – You can have the both SGLI and VGLI together, but you cannot have more than $400,000 of combined coverage. – SGLI coverage premiums are less than VGLI premiums. – In cases where you have separated from full time Guard or Reserve duty, you will be eligible to apply for VGLI and your SGLI entitlement will stop. You will receive the VGLI eligibility entitlements from that point of time. You will not be able to apply for VGLI until you get separated from the service.