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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.
