Sglv 8721-2025

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The document is a Beneficiary Designation Form for Veterans' Group Life Insurance (VGLI), which allows individuals to designate beneficiaries for their insurance proceeds. It includes instructions on completing the form, naming beneficiaries, and payment options. The form must be returned to the Office of Servicemembers' Group Life Insurance and will cancel any prior beneficiary designations. Additionally, it outlines the process for claiming insurance benefits after the insured's death.

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Who is Army life insurance through?

Servicemembers Group Life Insurance (SGLI) is a life insurance program for service members provided by the Department of Veterans Affairs.

What kind of insurance is VGLI?

With Veterans Group Life Insurance (VGLI), you may be able to keep your life insurance coverage after you leave the military for as long as you continue to pay the premiums. Find out if you qualify for VGLI and how to manage your coverage.

Can I cash out my VGLI life insurance?

While you cant cash out life insurance policies issued through SGLI or VGLI, you may be able to convert them into a permanent cash value life policy. Visit the VAs website for details on how to do this.

What type of insurance is VA health care?

Is VGLI a good deal? VGLI tends to be a good value for those who are young, those who smoke, and if they apply within the 240 day guaranteed acceptance period, those with medical issues. If you dont fall into either category, other options may be more affordable.

What type of insurance is the VGLI?

Veterans Group Life Insurance (VGLI) With Veterans Group Life Insurance (VGLI), you may be able to keep your life insurance coverage after you leave the military for as long as you continue to pay the premiums.

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