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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.
And when you leave active duty service, Veterans Group Life Insurance (VGLI), the replacement for SGLI, becomes very costly. You can provide the protection and peace of mind your loved ones need at affordable rates with the Better Alternative term life insurance coverage offered by AFBA.