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SGLI How did the SGLI increase affect a VGLI member?
Published 08/10/2012 04:10 PM |
Updated 12/19/2012 01:58 PM
How did the SGLI increase affect a VGLI member?
Members who were insured under VGLI before September 1, 2005, were not affected. However, all Servicemembers who separate on or after September 1, 2005, with SGLI coverage greater than $250,000 can now apply for VGLI at the higher level. An illustration is provided below.
|
SGLI Coverage at Separation |
Maximum VGLI Coverage Available * |
|
$400,000 |
$400,000 |
|
$350,000 |
$350,000 |
|
$300,000 |
$300,000 |
|
$250,000 |
$250,000 |
|
$200,000 |
$200,000 |
|
$150,000 |
$150,000 |
|
$100,000 |
$100,000 |
|
$50,000 |
$50,000 |
|
$0 |
$0 |
* Lesser amounts of coverage available in increments of $10,000.