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.
