Term Insurance Options for Veterans in 2026

Leaving military service implies leaving behind Servicemembers 'Group Life Insurance (SGLI)and figuring out what comes next can be confusingComplicated(Veterans' Group Life Insurance )group term coverage available as soon as you have actually separated from service, covered in detail below.(Veterans Affairs Life Insurance coverage)guaranteed-acceptance entire life insurance for veterans with a service-connected disability, also covered listed below.

Harmony SoCal Insurance

VGLI(Veterans 'Group Life Insurance )is group term life insurance coverage available to eligible veterans and former service members after they leave the military. Your preliminary protection amount is normally based on the SGLI protection you had while serving, and you can use to increase it over time up to the$ 500,000 maximum. VGLI premiums are based on your age and how much coverage you choose they usually increase as you get older.

Harmony SoCal Insurance

VALife is whole life insurance coverage, implying it's permanent coverage( not term )that can develop money value over time, and premiums are repaired based on your age when you enlist they don't increase later on because of age or health modifications. Veterans/former service members who had SGLI, using within the eligibility window after separationVeterans age 80 or younger with a certifying service-connected special needsrating (score veterans Particular+may also mightLikewiseCertify10,000 to$500,000 Up to $40,000, in $10,000 incrementsNoneFull face value generally begins after 2 years of paid premiums; earlier death generally returns premiums paid plus interest VA is explicit that veterans can apply for use life personal at insurance coverage time, separate from VGLI or VALife. For more on weighing VGLI against personal coverage without risking your VGLI timing, see VGLI vs. Private Life Insurance coverage: What Veterans Ought To Know.