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SGLI (Servicemembers Group Life Insurance) & VGLI (Veterans Group Life Insurance)

SGLI (Servicemembers Group Life Insurance) & VGLI (Veterans Group Life Insurance)

SGLI is a federal insurance program for actiive service members only, offering group life insurance at extremely low cost, up to $400,000 coverage. Like SGLI, VGLI is a federal insurance program offering retired service members up to $400,000 coverage. However, VGLI is a post-separation program that enables service members to convert SGLI coverage to renewable term insurance.

SGLI Eligibility:

  • active duty
  • members of the National Guard
  • ready reservists
  • cadets/midshipmen of the four service academies
  • Commissioned Corpos. of the National Oceanic & Atmospheric Administration
  • Public Health Service

VGLI Eligibility:

  • members with full-time SGLI coverage qualify for VGLI

 

Did you know? SGLI premiums are .65 per $1,000 REGARDLESS of the servicemember's age. Click here for current SGLI and VGLI rates.