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 SGLI Disability Extension Application and Instructions  Benefits Va 2016

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Service members Group Life Insurance, also known as SGI, is low-cost group-term life insurance available to active duty Service members, Reserve, and National Guard members. Members pay a monthly premium from their military pay for the coverage. Maximum coverage is $400,000 and is automatic unless reduced or declined by the member. Veterans Group Life Insurance, or VG LI, is a continuation of SGI when members separate from service. Members need to apply for VG LI, but it is stilllow-cost group-term insurance. In that insurance, a little different from SGI, the premiums are now based on a membership;#39’s age, while on SGI, every member pays the same premium. You can convert your Service- members Group Life Insurance to Veterans Group Life Insurance when you separate from service. By separation, I do not mean individuals who are separating from active duty and moving to the Reserves or National Guard because they remain covered by SGI. Instead, I mean individuals who are completely se

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