VGLI Insurance Coverage Increases
24 April 2012
This may apply to some of our Retiree's.
Some veterans covered under the Veterans Group Life Insurance program (VGLI) now have the opportunity to increase their coverage to the current maximum coverage under the Servicemembers' Group Life Insurance (SGLI) program.
Veterans can increase their coverage by $25,000 at each five-year anniversary date of their policy to the current legislated maximum SGLI coverage of $400,000. Eligible veterans are notified of this opportunity a week before the start of the 120-day period prior to their anniversary date, and twice more before the actual anniversary date. For more information about VA's Insurance Program or other VA benefits, visit the VA website at www.va.gov or call 1-800-827-1000. Veterans are also encouraged to visit VA's web portal eBenefits - Insurance.
For more on insurance options and tips, visit the Military.com Money Center.
Veterans can increase their coverage by $25,000 at each five-year anniversary date of their policy to the current legislated maximum SGLI coverage of $400,000. Eligible veterans are notified of this opportunity a week before the start of the 120-day period prior to their anniversary date, and twice more before the actual anniversary date. For more information about VA's Insurance Program or other VA benefits, visit the VA website at www.va.gov or call 1-800-827-1000. Veterans are also encouraged to visit VA's web portal eBenefits - Insurance.
For more on insurance options and tips, visit the Military.com Money Center.
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