SGLI Life Insurance in the amount of $500,000 expires 120 days after separation from the military. Find the most affordable Term Life Insurance using the top-rated insurance carriers here on this site.

Quick Tip: Complete the questionnaire at the end to receive a no cost and no obligation life insurance quote to replace SGLI.  We work with military personnel around the globe through email/text and phone.

Apply for a Term Life Insurance Policy 6 months prior to separation

We recommend service members put a low cost term life insurance policy in place six (6) months prior to separation.  Why (?)  During the last six months medical records get updated for VA disability purposes and long term medical conditions are documented; that can sometimes work against the cost of a life insurance policy.  Medical conditions documented like sleep apnea, can increase the cost of a life insurance policy.  Before you begin your final out processing let us help you get a low cost term life insurance policy.

What is SGLI?

Service members are automatically insured under full-time SGLI if they are one of the following:military logos

• Active duty member of the Army, Navy, Air Force, Marines, or Coast Guard
• Commissioned member of the National Oceanic and Atmospheric Administration (NOAA) or the U.S. Public Health Service (USPHS)
• Cadet or midshipman of the U.S. military academies
• Member, cadet, or midshipman of the Reserve Officers Training Corps (ROTC) engaged in authorized training and practice cruises
• Member of the Ready Reserve or National Guard and are scheduled to perform at least 12 periods of inactive training per year
• Service member who volunteers for a mobilization category in the Individual Ready Reserve (IRR)


SGLI coverage is available in $50,000 increments up to the maximum of $400,000 plus the $100,000 death gratuity that was added in 2005. Covered members receive 120 days of free coverage from their date of separation. Coverage can be extended for up to two years if the Service member is totally disabled at separation. Part-time coverage is also provided to Reserve members who do not qualify for full-time coverage (members covered part-time do not receive 120 days of free coverage).

Life Insurance Options For Separating Service Members

If service members have SGLI coverage, service members pay a monthly premium that is automatically deducted from service member’s base pay. The current basic SGLI premium rate is 7 cents per $1,000 of insurance. The premium includes an additional $1.00 per month for Traumatic Injury Protection coverage (TSGLI).

Converting SGLI to VGLI

Service members must apply to convert SGLI to VGLI within one year and 120 days from discharge. Veterans who submit their application within 240 days of discharge do not need to submit evidence of good health, while those who apply more than 240 days after discharge are required to answer questions about their health. Learn more about VGLI. (This is expensive) We advise you to shop for a low cost term life insurance policy.

Converting SGLI to a Commercial Policy

Service members covered under the SGLI program have the option to convert their SGLI coverage to an individual policy of insurance within 120 days from the date of separation from the military. Learn more about converting to a commercial policy. This conversion is an expensive option. The only time this would be beneficial is if you or your spouse would not be able to get reasonably priced fully under-written life insurance coverage. The conversion means you will convert the SGLI term insurance to a whole life policy.


Let us help you shop for the lowest price term life insurance using the top-rated companies.

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What is SGLI?

Quick Tip: Complete the Instant Quotes form to receive an instant listing of carrier quotes - free - with no obligation. You can begin your free online research - right now... Checkout our article Life Insurance - Replace SGLI What is Service Members Group Life...

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