Veteran's Group Life Insurance (VGLI)

What Does Veteran's Group Life Insurance (VGLI) Mean?

Veterans' Group Life Insurance (VGLI) is a benefit available to service members who leave the U.S. armed forces. While in the armed forces, service members can buy life insurance through the Servicemembers' Group Life Insurance Program (SGLI). After leaving the armed forces, service members can apply to keep their life insurance through the VGLI program. Whatever amount of life insurance a service member purchased in the SGLI program will be their total coverage in the VGLI Program. If they had $100,000 while in the armed forces, they can keep that amount. As of 2015, every five years after enrolling in VGLI, they can add another $25,000 to their coverage up to a maximum of $400,000.

Insuranceopedia Explains Veteran's Group Life Insurance (VGLI)

Service members have one year and 120 days after leaving the armed forces to apply to maintain their life insurance coverage through VGLI. If they apply to continue their coverage within 240 days of leaving the armed forces, they don't need to show proof of good health to maintain coverage. This is very valuable for service members who were injured during duty and might not be able to qualify for regular life insurance.

The price of Veterans' Group Life Insurance only depends on the service member's age. Factors like gender, health, tabacco use and lifestlye don't affect the price of VGLI.