VGLI Information:
Veterans Group Life Insurance (VGLI)
VGLI is a life insurance program which allows service members to convert their SGLI coverage to renewable term insurance. Members with full-time SGLI coverage are eligible for VGLI when they leave the service. VGLI, like SGLI, is overseen by the VA, but is administered by the Office of Servicemembers’ Group Life Insurance.
VGLI coverage is issued in multiples of $10,000 up to a maximum of $400,000. However, a service member’s VGLI coverage amount can’t be more than the SGLI they had when they left the service.Source: https://www.military.com/benefits/veteran-benefits/veterans-group-life-insurance.html