VGLI Conversion Options
Complete guide to Veterans' Group Life Insurance (VGLI) - how to convert from SGLI, coverage options, and long-term benefits for veterans.
What is VGLI?
Veterans' Group Life Insurance (VGLI) allows eligible veterans and former service members to continue their Servicemembers' Group Life Insurance (SGLI) coverage after leaving the military. VGLI provides renewable term life insurance that can be maintained for life, ensuring continued financial protection for your beneficiaries.
Time-Sensitive Application
You must apply for VGLI within 1 year and 120 days of separation from military service. Don't wait - this deadline cannot be extended.
Eligibility Requirements
Application Timeline
Within 240 Days
No health exam required - guaranteed approval regardless of health status.
Recommended Timeline240 Days - 1 Year 120 Days
Health information required - must prove good health for approval.
Health Review RequiredCoverage Options
Initial Coverage Amount
Your VGLI coverage amount is based on your SGLI coverage when you left the military. You can choose any amount from $10,000 up to your previous SGLI amount in $10,000 increments.
Coverage Increases
You can increase your coverage by $25,000 every five years up to a maximum of $500,000, until age 60. No health exam required for these increases.
Conversion to Permanent Insurance
You can convert your VGLI policy to a civilian permanent life insurance policy at any time without a health exam, providing lifelong coverage options.
Premium Structure
Age-Based Premiums
VGLI premiums increase as you age, unlike level-term civilian policies. Premiums are recalculated every 5 years based on your age group.
Age 29 & Under
Lowest rates
Age 30-34
Moderate increase
Age 35-39
Gradual increase
Age 40+
Higher rates
Key Benefits
Renewable for Life
Coverage can be maintained regardless of health changes
Increase Options
Add $25,000 every 5 years without health exam
Conversion Rights
Convert to permanent insurance anytime
How to Apply
Application Methods
Online Application
Visit the VGLI online portal for fastest processing
By Mail
Complete SGLV 8714 form and mail to VA
Important Considerations
- • VGLI premiums increase with age - compare with civilian term life insurance
- • Consider your long-term insurance needs and budget
- • Evaluate conversion options if you need permanent coverage
- • Don't let the application deadline pass - it cannot be extended