Veterans Group Life Insurance (VGLI)
Veterans' Group Life Insurance (VGLI) is a post-separation life insurance program that allows Soldiers to convert their Servicemember's Group Life Insurance (SGLI) coverage to renewable term insurance. Members with SGLI coverage are eligible for VGLI upon release from service. It is one of a number of low cost insurance programs developed by the Department of Veterans Affairs to provide insurance benefits for Soldiers and Veterans who may not otherwise be eligible to receive insurance benefits from private companies due to risks involved in military service, or a service connected disability.
Once enrolled in VGLI, you will have the opportunity to increase your coverage by $25,000 on your one-year anniversary and once every five years thereafter, up to the legislated maximum of $500,000, until age 60. No proof of good health is required.
The maximum amount of VGLI coverage increased to $500,000 from $400,000 effective March 1, 2023. Service members can get between $10,000 and $500,000 in term life insurance benefits. The amount you will get is based on how much SGLI coverage you had when you left the military. All active duty, guard, and reserve service members eligible for SGLI will automatically receive the increased coverage on March 1.
FALLS CHURCH, VA, December 7, 2023 - Are you enrolled in or eligible for a TRICARE Prime or TRICARE Select plan? During TRICARE Open Season, you may be eligible to change plans or enroll in a plan for 2024. It’s important to understand your plan options so you can choose the right coverage for your family. That’s because open season may be your only chance to change your plan for next year, unless you have a Qualifying Life Event.
FALLS CHURCH, VA, December 5, 2023 - Have you reviewed your TRICARE coverage for 2024? Now is the time. Why now? Because TRICARE Open Season ends Tuesday, Dec. 12. Open season may be your only chance to enroll in TRICARE coverage or change your health plan for 2024.