If you’re a veteran or active service member, you may have Servicemembers’ Group Life Insurance (SGLI) or Veterans’ Group Life Insurance (VGLI). While these programs provide a foundation, they have significant limitations – maximum coverage of $400,000, increasing VGLI premiums, and no cash value component.
TermHero helps veterans throughout Los Angeles supplement or replace their government coverage with affordable private policies that often provide better value.
SGLI & VGLI Limitations
- SGLI maxes out at $400,000 – Often not enough for families with mortgages and children
- VGLI premiums increase every 5 years – Costs can become prohibitive in your 50s and 60s
- VGLI has no cash value – It’s pure term coverage at increasing rates
- Conversion timeline is limited – You must convert SGLI to VGLI within 240 days of separation
Why Private Coverage Is Often Better
- Fixed rates – Lock in a premium that never increases
- Higher coverage – Get $1M+ in coverage if your family needs it
- More options – Choose term lengths, add riders, convert to permanent coverage
- Often cheaper – VGLI rates after age 40 are frequently more expensive than private term policies
Thank You for Your Service
TermHero is honored to help veterans find the protection their families deserve. Let us compare your VGLI rates to private market options – you may be surprised.