25 Sep '16, 4pm

insurance

With VGLI Veterans leaving service have the option to convert SGLI coverage to lifetime renewable group insurance. No health questions will be asked of Veterans who apply for coverage within 240 days of separation. However, Veterans have a total of one year and 120 days to apply for VGLI, and can keep their coverage as long as they desire and pay premiums. Spouses of Servicemembers separating from the military and covered under FSGLI can convert their coverage to an individual permanent plan of insurance with participating private insurers. Spouses must act within 120 days of the Servicemember’s separation to obtain this benefit. Under SGLI-DE , Servicemembers separating from service who are considered totally disabled and unable to work may apply for two years of free coverage. After two years, Veterans automatically qualify for VGLI, as long as the VGLI premiums are paid...

Full article: http://ins.ucoz.com/news/apply_for_life_insurance/2016-09...

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