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We are privately owned and not affiliated or endorsed by any government agency.
Ensuring Every Hero Protects Their Legacy and Loved Ones
Military life insurance refers to specialized financial protection designed for those who serve or have served in the U.S. Armed Forces. Unlike standard civilian plans, these policies are tailored to account for unique military risks, such as active-duty deployments and service-connected disabilities. This coverage typically consists of government-backed programs managed by the VA, as well as private insurance plans from military-focused organizations that recognize your sacrifice and commitment.
The primary goal is simple: to provide a financial safety net for the families of the 18.5 million individuals in our military community. Whether you are currently in uniform or have transitioned to civilian life, these programs ensure that your legacy is secured and your loved ones are protected from the financial burdens of end-of-life expenses and loss of income.
Eligibility for military life insurance depends on your current or past service status, as well as your family’s needs:
For those currently on Active Duty, SGLI is the gold standard. In 2026, it offers low-cost term coverage up to $500,000. Following premium discounts enacted in 2025, rates are as low as $0.05 per $1,000 of coverage, making it one of the most affordable ways to protect your family while in service.
When you separate from the military, VGLI allows you to convert your SGLI into a renewable term policy. It offers coverage up to $500,000 without a medical exam, provided you apply within 240 days of discharge. Veterans can keep this policy for life as long as they pay the premiums, which are based on their age bracket.
Designed for Veterans with service-connected disabilities, VALife provides up to $40,000 in whole-life insurance. This program offers guaranteed acceptance and builds cash value over time, ensuring that those who might be denied private insurance due to their health status can still secure a legacy for their family.
Many in the military community choose to supplement their government benefits with private policies. Organizations like AAFMMA and Navy Mutual offer coverage limits exceeding $1,000,000, which is often necessary for families with large mortgages or multiple dependents. Private plans can also offer lower premiums for those in excellent health compared to the age-based rates of VGLI.
Selecting the right policy in 2026 requires a clear understanding of your current mission and long-term family goals:
Yes. Many active members use SGLI as their base and add a private supplemental policy to ensure their family is fully covered beyond the $500,000 cap.
Yes, you receive 120 days of free coverage following your separation, giving you a window to convert to VGLI or find a new plan.
If you missed the 1 year and 120-day window, you may still qualify for VALife if you have a service-connected disability, or you can explore private providers that offer simplified underwriting for veterans.
Yes, for deaths occurring in 2026 during the two-year VALife waiting period, beneficiaries receive the premiums paid plus 4.23% interest.
Life insurance is the final act of duty you perform for your family. In 2026, with lower premiums and expanded coverage limits, there is no reason to leave your legacy to chance. Whether you are currently deployed or settled into civilian life, take the time to compare your government options with the best private market supplements. Your service earned these benefits—now make sure your health and your family’s security reflect the value of that sacrifice. At Military Perks, we are honored to guide you toward the protection you’ve earned.