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What Is SGLI
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Avoid VGLI Costs: Understanding How VGLI Premiums Increase
Jun 17, 2020
usvetwealth.com
1:08
It’s Not Coverage… It’s Theft. I just spoke with a Vietnam vet paying $2,100 a month for VGLI. Yeah, you read that right. Here’s the problem: VGLI is an increasing term policy → every 5 years your premiums jump. By the time most vets realize what’s happening, they’re stuck paying insane premiums or forced to cancel coverage. That’s not insurance—that’s extortion. If you’ve got VGLI, go look at your rates right now. Don’t wait until it drains you. DM us and we can show you other options. #WeProte
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Today, I want to talk about VA life insurance options, Veterans' Group Life Insurance (VGLI) (term coverage up to $500k, renewable) for transitioning service members, and Veterans Affairs Life Insurance (VALife) (guaranteed whole life up to $40k) for those with service-connected disabilities, even a 0% rating. Other programs include SGLI (for active duty), FSGLI (family), TSGLI (traumatic injury), and VMLI (mortgage protection for disabled vets), plus private plans offer higher coverages. Today,
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