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Veterans Group Life Insurance. Itâs important to consider which life insurance policy is best to ensure your familyâs financial security. When you separate from the military you have the option to convert your SGLI benefit over to VGLI. But, you have a limited time frame after separation to do so â 1 year and 120 days to be exact.
The Life Insurance Settlement Association (LISA) supports the enactment of legislation to stop STOLI and believes that the STOLI argument is frequently used to attack legitimate life settlements. STOLI is not a life settlement. Life settlements occur long after issuance of the policy.