National Guard and Reserve members with full-time coverage are eligible for SGLI up to $400,000. Part-time members may qualify for SGLI during duty periods. After service, VGLI conversion and private insurance are both available.
Life insurance options for National Guard and Reserve members depend on your duty status and activation history.
If you separate or return to part-time status, your full-time SGLI coverage may change. This is an important time to secure private life insurance to ensure continuous coverage.
Guard and Reserve members should consider maintaining a private life insurance policy alongside SGLI. This ensures uninterrupted coverage regardless of your duty status and provides level premiums that do not change when your military status changes.
Compare rates from top veterans life insurance insurance carriers.
VGLI is a government-backed life insurance program that allows veterans to convert their SGLI coverage after leaving military service. It offers guaranteed issue coverage up to $400,000 with no medical exam but premiums increase every 5 years. Read more
Top carriers for veterans include USAA (military exclusive), Navy Federal partner carriers, Mutual of Omaha (veteran-friendly underwriting), and Protective Life (competitive rates). The best company depends on your health, disability status, and coverage needs. Read more
To convert SGLI to VGLI, apply within 240 days of separation from military service using VA Form SGLV 8714. No medical exam is required if you apply within this window. Coverage can be up to your SGLI amount, maxing at $400,000. Read more
Compare rates from top veterans life insurance insurance carriers.