• Veterans Group Life Insurance (VGLI) is a term policy for ex-servicemen that continues the group insurance they had while serving.
  • Veterans have one year and 120 days from the date of discharge from service to exercise this right.
  • VGLI offers between $10,000 and $400,000 in life insurance coverage, depending on the amount of coverage the veteran had after leaving the military.
  • Other VGLI benefits include low insurance premiums and no need for a qualifying medical examination (if covered within a certain period of time).