Is VGLI helpful? Or is it SGLI?

by Guest » Mon Dec 14, 2009 07:17 am
Guest

Is VGLI really a good option for the service members?

How does it vary from SGLI?

Total Comments: 27

Posted: Wed Dec 16, 2009 05:41 am Post Subject:

Members who're serving the IRR or the ING are eligible. Also, members who're associated with the Public health service are eligible for VGLI.

Posted: Thu Dec 17, 2009 06:36 am Post Subject:

Those members who have part-time SGLI and has become disabled or got injured while on duty could be entitled for full-time VGLI. I think the IRC (Inactive Reserve Corps) members are also eligible for such coverage.

Posted: Sat Dec 19, 2009 05:27 am Post Subject:

You must remember to apply in time. You have to apply within 1 year and 120 days from the date of leaving your service. In general OSGLI will send you an application within 45-60 days of your leaving the service.

Posted: Sat Dec 19, 2009 10:37 am Post Subject: Life Insurance

I'll tell ya, it's a good feeling that my son will be (financially) cared for, properly (right now, anyway)...the SGLI 'covers' me, while I continue to serve in the Military. GOD FORBID anything happens to me anytime soon!!

Posted: Sat Dec 19, 2009 03:00 pm Post Subject:

Does your friend still get the money or did you make the change so that it will go to your son?

Posted: Sun Dec 20, 2009 08:49 pm Post Subject:

Does your friend still get the money or did you make the change so that it will go to your son?

let me tell everyone ( especially the person, who posted the ABOVE post). I was checking my Yahoo mail account ( I can FINALLY get into it now) and I had an e-mail......asking me to "verify my SGLI Insurance information. Click the link"..kind of thing. NO ONE, within the Military or any Gov office, would ask me ANYTHING, pertaining to my SGLI, on my 'personal' email. THEN.....I see the above post!? I don't think it's a coincidence. OBVIOUSLY...there are people, on this Forum who don't have enough guts to use their REAL ID..they have to use different ones everytime they post something new. This needs to stop...and NOW. To answer you're question, FAJDE (or whoever the hell you are!!) you don't need to know where my SGLI money is going!! Hopefully..YOU ARE not the one who sent me the email on my Yahoo account. If you are, GOD HELP YOU!!

Posted: Sun Dec 20, 2009 11:50 pm Post Subject:

I have never contacted anyone on this board personally. As I've already told you, I am the same "InsuranceExpert" who used to give you a hard time about your beneficiary designations. I don't need to know if you don't want to say. I was simply curious if you ever proactively made the change after finding out that you were incorrect.

Anything that you get on your Yahoo account is strictly coincidental. However, I must add that the "GOD HELP YOU" threat isn't appreciated.

Posted: Mon Dec 21, 2009 12:49 am Post Subject: insurance

As I said, not enough guts to use your 'REAL' ID. I sent my Yahoo e-mail to 'Spam'. I also asked them to reaveal where that e-mail came from, if they can find out. It's pretty bad when so-called 'Insurance Experts' want to use emails to get information. I guess I need to be MORE cautious on who I choose to communicate with, on this Forum. As I said, you better hope 'Yahoo' doesn't trace that e-mail back to YOU. I don't like being preyed on.

Posted: Mon Dec 21, 2009 07:28 am Post Subject:

You have to apply within 1 year and 120 days from the date of leaving your service.



Once you leave the service and apply for VGLI within 120 days, then you don't need show proof of your good health if you'd pay the premium (for the first month) along with it. On the other hand, if you'd apply for it between those 120 days - 1 year and 120 days (since you've been released from the service), you'd certainly need to show the proof of health along with the premium for the first month.

Posted: Mon Dec 21, 2009 11:30 pm Post Subject: insurance

Thanks, STEVEN. I appriciate that information. hey..'we' (the company) were hearing that the SGLI vlaue might go up alittle. Gosh..now it's $400,000!!

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