How much does VGLI cost per month?

Anand251

VGLI is an insurance policy for veterans. It pays out a death benefit to the beneficiaries of the policyholder. The death benefit is tax-free and can be used for any purpose. The monthly premium is based on the age of the policyholder and the coverage amount. The premium is paid for by the policyholder and is not deducted from the death benefit.

saddog715

Veterans Group Life Insurance (VGLI) is a program that allows Veterans to continue life insurance coverage after leaving military service. Veterans can elect to continue their coverage under VGLI, and they can also change the amount of coverage they have. The premium for VGLI is based on the amount of coverage the Veteran has, and the age of the Veteran. The premium is paid monthly.

purplemouse505

The Veterans' Group Life Insurance (VGLI) program is administered by the Veterans' Benefits Administration (VBA) of the U.S. Department of Veterans Affairs (VA). VGLI provides life insurance coverage to Veterans who are discharged from active military service with full-time status. Coverage under VGLI is identical to coverage under Servicemembers' Group Life Insurance (SGLI). The monthly premium for VGLI is based on the insured's age, coverage amount, and smoking status.

blackbear704

The Veterans' Group Life Insurance (VGLI) program is administered by the Veterans Benefits Administration (VBA) and offers life insurance coverage to Veterans who are discharged from active military service.

The amount of coverage you can purchase under the VGLI program is based on the amount of coverage you had under the Servicemembers' Group Life Insurance (SGLI) program. You can convert all or part of your SGLI coverage to VGLI, up to the maximum amount of $400,000.

Your VGLI premiums will be based on your age, the amount of coverage you have, and whether you smoke.

The average monthly premium for a $400,000 VGLI policy for a 40-year-old nonsmoker is about $49 per month.

Anusree628

The Veterans' Group Life Insurance (VGLI) program is administered by the Veterans' Benefits Administration of the Department of Veterans Affairs. The cost of the insurance is based on the insured's age, the amount of coverage, and the number of years of coverage. The monthly cost for a $10,000 policy for a 40-year-old veteran is $33.00.

tinyfrog982

There is no set monthly rate for VGLI, as the premium is based on the policyholder's age and the amount of coverage they elect. However, as a general guide, a 40-year-old policyholder who elects $400,000 of coverage can expect to pay around $50 per month for their policy.