Policy Types

What is Veteran's 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.

Veteran’s Group Life Insurance

A Few Facts About Coverage

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).


Under the VGLI, you can convert your SGLI to a permanent life insurance policy. 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 just 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 sure to be 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.

For more information on life insurance, as well as tips on how to buy coverage that isn’t VGLI, visit the Protective Learning Center.

1. https://www.vets101.org/a/70/

Was this article helpful?

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 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 Life or its subsidiaries.

Neither Protective Life 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 Life and its products and services, visit www.protective.com.

Veteran's Life Insurance

The veteran's life insurance plan, SGLI, eventually comes to an end when you leave the service. However, a veteran's life insurance can be continued with a VGLI plan. This article can help you learn more about this life insurance plan. For more information, visit our learning center.