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How Do You Convert SGLI To VGLI?

Published 08/10/2012 04:02 PM   |    Updated 12/19/2012 03:14 PM
How Do You Convert SGLI To VGLI?

You may convert your SGLI coverage to VGLI upon separation from service. You have 240 days following separation to apply for VGLI without furnishing evidence of good health. OSGLI will send you a computer printout application, usually within 45 to 60 days following your release. You may also submit an application for VGLI using the form SGLV 8714, Application for VGLI. If you use this form, you need to also furnish a copy of your DD 214 or other proof of service. The completed application and the first premium must be sent to OSGLI within 240* days after your separation from service. (If you file an application for VGLI after this 240 -day period, you must provide proof of good health and the application must be submitted within one year after your SGLI terminates.) You are not eligible to apply for VGLI more than one year and 120 days after your separation from service.

*A recent regulation change increased the period during which proof of good health is not required from 120 days to 240 days. However, the overall time to apply for VGLI after separation from service remains one year and 120 days.