- Military Basics
- Transitioning & Retiring
- Casualty Assistance
- Moving & PCS
- Housing & Living
- Recreation, Travel & Shopping
- Special Needs
- Health & Wellness
- Safety From Violence & Abuse
- Financial & Legal
- Education & Employment
- National Guard
- Benefits & Resources
- I am a…
- Confidential Help
24/7/365 Access to Support
No matter where you serve or live, free and confidential help is available.
- In Crisis?
In the United States, call 911 if you are in an emergency.
For those outside the United States, call your local emergency number.
Contact Military OneSource
Information and support for service members and their families. About the Call Center.
Life insurance is one of those things we tend to avoid. But as a service member, you’re automatically provided life insurance. It may be one of the smartest moves you’ve made — whether you know it or not.
Why? Life insurance is essential for your family’s financial health. Your family (or whoever you listed as your beneficiary upon entering the military) could receive up to $400,000 if you should die. If you have family or others who depend on your income, life insurance leaves those you leave behind secure.
Leaving the military: Consider converting your current life insurance
Unless you declined Servicemembers’ Group Life Insurance since joining the military, you have coverage. It’s offered by the VA. Active-duty members, National Guard and reserve members can obtain up to $400,000 of life insurance. You can buy additional, affordable coverage for your spouse and each dependent child.
When you leave the military, you may want to convert your Servicemembers’ Group Life Insurance into a Veterans’ Group Life Insurance policy. To maintain your family’s financial health and peace of mind with affordable coverage, here’s what you need to know:
- Coverage. You can continue life insurance coverage after leaving the service, at the same or lesser amounts as your Servicemembers’ Group Life Insurance. Remain in the National Guard or reserves after active duty, and you can keep your Servicemembers’ Group Life Insurance.
- Enrollment period. The VA has extended the enrollment period for Veterans’ Group Life Insurance by 90 days because of the coronavirus disease 2019 pandemic. If you’re applying between June 11, 2020 and June 11, 2021, you now have one year and 210 days from your date of separation to apply for VGLI. If you apply for coverage within 330 days of your date of separation during this period, you won’t have to answer any health questions. Read about eligibility details.
- Costs. Premiums are based upon your age. Check out Veterans’ Group Life Insurance premium rates. Use the Insurance Needs Calculator to assess your life insurance needs.
- Applying. You can apply for Veterans’ Group Life Insurance through eBenefits or download and complete this form and mail it to the Office of Servicemembers’ Group Life Insurance.
Questions? Military OneSource can help you navigate the ins and outs of life insurance while you’re in the military or your options for a year after your service. Call us at 800-342-9647.