Serviceman's Group Life Insurance (SGLI)
SGLI is low-cost term life insurance for service members and reservists. Generally, coverage begins when you enter the service. It is available in amounts up to $200,000. Generally, it expires 120 days after you get out of the service.
Veterans Group Life Insurance (VGLI)
VGLI is renewable 5-year term life insurance for veterans. It is available in amounts up to $200,000. You may apply any time within 1 year from the date your SGLI expires.
Service-Disabled Veterans Insurance
Service-Disabled Veterans Insurance (also called "RH" Insurance), is life insurance for service-disabled veterans. The basic coverage is $10,000. If your premium payments for the basic policy are waived, you may be eligible for a supplemental policy of up to $20,000. Generally, you have 2 years after being notified of your service-connected disability to apply for basic coverage.