Vgli sentence example

vgli
  • Once these service members retire, they have the option of extending their government life insurance coverage by converting their SGLI coverage to VGLI coverage.
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  • The Veterans Group Life Insurance program (VGLI) - created for retired members of the U.S. military forces.
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  • Service members have to convert to VGLI coverage within a year and 120 days following their discharge date.
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  • The rates of the VGLI policy are calculated based on the age of the service member at the time that they convert from SGLI to VGLI coverage.
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  • A service member can convert their VGLI term insurance policy to a commercial permanent policy at any time.
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  • The spouses and dependant children of service members can purchase a VGLI insurance policy.
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  • The competitive benefits of the VGLI program are borne out by the fact that more than 98% of the armed forces service members have opted to purchase this coverage over commercially-available life insurance.
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