Veteran's Group Life Insurance
Published January 05, 2016
This program provides five-year renewable term life insurance.
Guard and Reserve Airmen may convert their Servicemembers Group Life Insurance coverage into Veterans Group Life Insurance if they meet one of the following conditions:
- They are released from active duty or active duty for training under an order to duty that specifies a period of 31 days or more.
- They separate from the Guard or Participating Reserve.
- They are assigned to the Retired Reserve.
They may apply for VGLI if:
- They suffer an injury or disability and are rendered uninsurable at standard premium rates while performing AD or ADT under an order specifying a period of less than 31 days.
- They are assigned to the Non-participating Individual Ready Reserve.
The amounts of insurance and beneficiary designations are the same as SGLI. The cost is based on the age of the Airman. Airmen must apply for VGLI within 120 days after separation, assignment to the IRR or transfer to the Retired Reserve to guarantee coverage with no medical questions.
Airmen have an additional year after that to apply but are required to answer medical questions.
To obtain VGLI coverage, an eligible Airman must:
- Obtain a VGLI application from any Veterans Affairs Regional Office, or call the Office of Servicemembers Group Life Insurance at 800-419-1473.
- Submit a completed application, SGLV Form 8714, the first months premium and the following documents to OSGLI, 80 Livingston Ave, Roseland, NJ 07068-1733:
- Copy of separation order and proof of SGLI coverage if separated from the Participating Ready Reserve.
- Copy of assignment order and proof of SGLI coverage if reassigned to the Retired Reserve.
- Copy of unit assignment order if assigned to the IRR.