If you pay the premium, you’ll be able to keep your life insurance coverage for as long as you keep paying the premiums. If you get approved, you’ll receive a notice 20 months after your separation date letting you know that your SGLI-DE will end and that you now have the option to pay a premium for Veterans’ Group Life Insurance (VGLI). To apply, fill out the SGLI Disability Extension Application (SGLV 8715) and send it to the OSGLI address listed on the application. You’ll need to apply for the Servicemembers’ Group Life Insurance Disability Extension (SGLI-DE). How do I apply for an SGLI Disability Extension? Permanent (long-lasting) loss of use of both of your hands, feet, or eyes, or 1 hand and 1 foot, or 1 hand or foot and 1 eye.Loss of speech that leaves you unable to talk-even in a whisper-without the help of an artificial device.No matter your work status, you’ve had 1 of these conditions:.You’re totally disabled at the time of your discharge and unable to work, or.You may be able to keep your coverage for up to 2 years after the date you left the military if you meet either of the requirements listed here.
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Get the list of participating companies and learn how to convert to an individual policy Can I get a free extension of my SGLI coverage if I’m disabled when I leave the military? You can also convert your SGLI policy into a civilian policy within 120 days from the date you left the military. When you leave the military, you can apply for Veterans’ Group Life Insurance (VGLI) within 1 year and 120 days from your discharge for up to the amount of coverage you had through SGLI. $)Īpplying for VGLI when you separate or retire How do I apply for VGLI when I leave the military? Learn more about TSGLI Monthly SGLI premium rates Coverage amount (in U.S. The premium includes an additional $1 per month for Traumatic Injury Protection coverage (TSGLI). The current basic SGLI premium rate is 6 cents per $1,000 of insurance coverage. If you have SGLI coverage, you’ll pay a monthly premium that’ll be automatically taken out of your base pay. Learn more about SOES How much will I pay for these benefits? You can log in with your CAC or DS Logon as soon as you receive a notice that you can start using SOES. Please submit your changes online through the SGLI Online Enrollment System (SOES). How to change your beneficiaries-or reduce, turn down, or restore your SGLI coverage You can also choose your beneficiaries (the people you pick to get the money from your life insurance policy if you die) and change them as needed. You can choose your level of coverage or even refuse coverage completely. Check your unit’s personnel office for more information. If you qualify for SGLI, we’ll automatically sign you up through your service branch. Part-time coverage (if you’re a Reserve member who doesn’t qualify for full-time coverage).Get information on the SGLI-Disability Extension Extension of free coverage for up to 2 years (if you’re totally disabled) when you leave the military.120 days of free coverage from the date you left the military.Coverage up to the top limit of $500,000-in $50,000 increments.Note: You must pay your premiums directly.Īccessing and managing SGLI while you’re serving What kind of life insurance benefits can I get with SGLI? You’re drilling for points rather than pay.You’re scheduled for 12 periods of inactive training for the year, and.You may be eligible for full-time SGLI coverage if you meet both of these requirements. If you’re in nonpay status with the Ready Reserve or National Guard You’re a volunteer in an Individual Ready Reserve (IRR) mobilization category.You’re a member of the Ready Reserve or National Guard, assigned to a unit, and scheduled to perform at least 12 periods of inactive training per year, or.You’re a member, cadet, or midshipman of the Reserve Officers Training Corps (ROTC) engaged in authorized training and practice cruises, or.You’re a cadet or midshipman of the U.S.You’re a commissioned member of the National Oceanic and Atmospheric Administration (NOAA) or the U.S.You’re an active-duty member of the Army, Navy, Air Force, Space Force, Marines, or Coast Guard, or.You may be eligible for full-time SGLI coverage if you meet at least 1 of these requirements.
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