Program Description
VGLI is a program of post-separation insurance
that provides for the conversion of SGLI to renewable term coverage.
VGLI provides up to a maximum of
$400,000 of insurance coverage, and is issued in $10,000 increments up to
the amount of SGLI the member had in force at the time of separation. VGLI
premiums are based upon the separating member’s age.
VGLI is convertible at any time to an individual
commercial life insurance policy with any one of the participating
commercial insurance companies. To
obtain VGLI, an eligible member must submit an application to the Office of
Servicemembers’ Group Life Insurance with the required premium during the
120 days following separation. An application can still be submitted for up
to one year after SGLI coverage terminates; however, during that period,
evidence of good health must be submitted).
General Program Requirements
In order to qualify for this benefit program you
must belong to one of the following groups of separating service members:
- Members on active duty insured under
SGLI who are being released from active duty
- Members of the Ready Reserves insured
under SGLI who are separated, retired, or released from assignment.
- Members who are assigned to the IRR of
a branch of service or to the Inactive National Guard (ING). This includes
members of the United States Public Health Service Inactive Reserve Corps
(IRC)
- Members who have part-time SGLI
and who, while performing duty, suffer an injury or disability, which
renders them uninsurable at standard premium rates. This includes travel
directly to and from duty.
Your
discharge must have been given under other than dishonorable
conditions.
Application Process For more information, see the Program Contact Information below.
Program Contact Information
For more information, please
visit:
http://www.insurance.va.gov/sgliSite/VGLI/VGLI.htm
If you want to know how to apply for VGLI or have questions about
your VGLI policy, please contact the Office of Servicemembers’ Group Life
Insurance (OSGLI) at: 1-800-419-1473 (inside the US)
973-548-5699 (overseas)
osgli.osgli@prudential.com (general email address)
osgli.claims@prudential.com (VGLI claims email address)
You can download a fact sheet at: http://www.vba.va.gov/VBA/benefits/factsheets/insurance/VGLIeg_0406.doc
Managing Agency
Veterans Benefits Administration (VBA)
http://www.vba.va.gov
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