Veterans Benefits Information guide to VA benefits

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Home VA Life Insurance How Does VGLI Compare To Other Insurance Programs?

How Does VGLI Compare To Other Insurance Programs?

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How Does VGLI Compare To Other Insurance Programs?

When you consider whether to obtain coverage under Veterans' Group Life Insurance (VGLI), or some other insurance plan, it is important to evaluate whether (VGLI) will meet your life insurance needs. You may want to consider if:

  • the premiums will be affordable for you;
  • the coverage is enough to meet your needs or will serve as a supplement to other coverage;
  • term insurance is your best option; and,
  • the plan contains features that are important to you.

Facts About VGLI

For basic information about VGLI, such as who is eligible, and how much VGLI costs, follow this link to visit our VGLI page.

Is VGLI Right for You?

To help you choose the right insurance coverage, we have developed a questionnaire for you to compare some basic facts about VGLI to other insurance products you may be considering. We have already filled in the key features of VGLI for you. If you print this page you can enter information about the other insurance products in the "what the other plan offers," column.

Life Insurance Comparison Worksheet

What VGLI Offers

What the Other Plan Offers
Enter information about other plans you are considering

Premium Rates

Are premium rates based on age?

Yes – VGLI premium rates are based on age only.
view VGLI premium rates


Are premiums rates different for men and women?

No – VGLI premium rates are the same regardless of gender.


Are premium rates increased for smokers?

No – VGLI premium rates are the same for smokers and non smokers.


Health Requirements

Will I need to answer questions about my health?

No – if you apply for VGLI within 240 days after separation, you will not need to answer questions about your health.

Note: You can apply for VGLI up to 1 year and 120 days after separation, but after 240 days you will have to answer health questions, so be sure to guarantee your coverage if you are not in good health.


Will I need to get a physical examination?

No - A physical is not required to apply for VGLI coverage.


Will there be an investigation of my health?

No - We will not investigate your health history if you apply for VGLI within 240 days after separation.


Can I be excluded if I have or have had mental health issues?

No - VGLI does not exclude Veterans for reasons related to mental health.


Can I be excluded if I have or have had PTSD or TBI? No - VGLI does not exclude Veterans for reasons related to PSTD or TBI.


Will I have help figuring out the right amount of insurance coverage? Yes - VGLI has an objective Insurance Needs Calculator to help you determine how much coverage you need.

Is coverage is effective immediately?

Yes – Your full VGLI coverage amount is effective as soon as you are approved and your premium is paid.


Will coverage end at a specific age?

No – Your VGLI coverage will not end unless you request it or fail to pay premiums.


Will coverage be decreased at a specific age?

No - Your VGLI coverage amount will not decrease unless you request it.


Can I be excluded from coverage due to vocation or avocation? No - VGLI does not exclude applicants based on their job or recreational activities.


Can I choose how often to pay premiums?

Yes – You can choose to pay premiums monthly, quarterly, semiannually or annually.


Is there a discount if I pay my premiums in advance?

Yes - VGLI premiums are discounted 5% if you pay annually (smaller discounts are applied to quarterly and semiannual payments).


Can I pay premiums by automatic deduction?

Yes - VGLI premiums can be automatically deducted from your military retirement pay or VA compensation payment.


Can I pay premiums by credit card?

Yes – VGLI premiums can be paid by credit card online or by phone.


Can I have premiums deducted from my checking account?

Yes - VGLI premiums can be paid by deduction from your checking account online or by phone.


Other Fees

Are there any enrollment or membership fees associated with the policy?

No – VGLI has no enrollment or membership fees.



Are there special benefits for the terminally ill?

Yes - You can request a payment of up to 50% of your VGLI coverage if you are diagnosed with an illness that results in a life expectancy of 9 months or less.


Is there a contestable period?

No - VGLI has no contestable period. That means there is no waiting period between when your coverage begins and when a claim would be paid.


Is there a suicide exclusion?

No - suicide claims are not excluded.


Is there a "war" clause? No - claims due to acts of war, declared and undeclared, are not excluded.

Web Access

Can I manage my coverage online?

Yes – VGLI has a full service web site.


Important Note: Don't forget that if you determine VGLI should be a part of your life insurance portfolio:

  • you have only 1 year and 120 days from your date of separation from service to apply for VGLI coverage, AND
  • if you are in poor health, you should protect yourself and apply within 240 days from separation. There is no health review during this period.

Did you know?

Military Funeral Honors ceremonies must be scheduled in advance.

The law requires that every eligible veteran receive a military funeral honors ceremony, which includes the folding and presentation of the United States flag and the playing of “taps,” upon the family’s request. This Department of Defense program calls for the funeral director to request military funeral honors on behalf of the veteran’s family.