Skip to Content
Multigenerational family talking on couch representing that different stages require different insurance policy types.
Policy Types

Veterans group life insurance

This article discusses one option service members have when converting your SGLI policy to a post-service life insurance policy. Note: there is a limited timeframe you have to make the conversion.

When you leave the service, your life insurance coverage through your Service members' Group Life Insurance (SGLI) will eventually end. However, you have the option of continuing your coverage with a Veteran's Group Life Insurance Policy (VGLI). While the Department of Veterans Affairs (VA) oversees VGLI, the program is administered by the Office of Servicemembers' Group Life Insurance (OSGLI).

You can enroll for the same amount of coverage you had under your SGLI plan, or a lesser amount if you prefer, and you'll have the opportunity to increase your coverage every five years. Coverage is offered in $10,000 increments with $400,000 being the maximum amount of coverage available under a VGLI policy. As long as you pay your premiums your policy will never expire, however, your premiums will increase as you get older.

With VGLI, you won't be subject to a medical exam and no proof of good health is required to enroll in the plan. It's important to note that you only have one year and 120 days to decide to convert your SGLI over to a VGLI.1 If you want to get an idea of how much your future VGLI premiums may cost, you can review this VGLI premium rate chart provided by the U.S. Department of Veterans Affairs.

If for any reason you decide that VGLI coverage isn't for you, there are other options available through the VA. In addition, there are a wide variety of commercial life insurance policies and coverage options you can choose from.

Red more about life insurance, as well as tips on how to buy coverage that isn't VGLI.






Arrows linking indicating relationship

Related Articles

Young woman drinking coffee outside.

What are the benefits of a whole life policy?

Learn more
Young couple looking happy to be together.

Guaranteed issue life insurance

Learn more
Woman in glasses, smiling, doing work at a desk.

Comparing term life insurance policies

Learn more
All Learning Center articles are general summaries that can be used when considering your financial future at various life stages. The information presented is for educational purposes and is meant to supplement other information specific to your situation. It is not intended as investment advice and does not necessarily represent the opinion of Protective or its subsidiaries.

Learning Center articles may describe services and financial products not offered by Protective or its subsidiaries. Descriptions of financial products contained in Learning Center articles are not intended to represent those offered by Protective or its subsidiaries.

Neither Protective nor its representatives offer legal or tax advice. We encourage you to consult with your financial adviser and legal or tax adviser regarding your individual situations before making investment, social security, retirement planning, and tax-related decisions. For information about Protective and its products and services, visit

Companies and organizations linked from Learning Center articles have no affiliation with Protective or its subsidiaries.