Military & veterans
Life insurance after military service
Leaving the service changes more than your routine. Give your family’s life insurance a place on the transition checklist.
3 min read·November 12, 2026
A military transition is a good time to take stock of your family’s financial protection. Start by understanding when existing coverage ends and what continuation or replacement options are available to you.
Check your existing coverage first
Review your Servicemembers’ Group Life Insurance (SGLI), your separation paperwork and any coverage for your spouse. Do not assume military coverage continues indefinitely after separation.
Veterans’ Group Life Insurance (VGLI) may allow eligible former service members to continue life insurance after leaving the military. Application deadlines apply, and applying early can affect whether a health review is required. Check the current requirements directly with VA.
Compare continuation and private coverage
VGLI premiums depend on your age and coverage amount. Private life insurance pricing and eligibility depend on the insurer and policy, and may include a health review. Compare long-term premiums, coverage terms and your own health situation—not just the first payment.
Avoid canceling existing protection before replacement coverage is approved and in force. Ask your insurer to confirm effective dates and any conditions.
Look at the family’s next chapter
A civilian job, a move or a change in income can shift what your household needs. Review housing costs, dependents, debts and beneficiary information together.
Final expense insurance and VA burial benefits are not the same thing. VA benefits have eligibility rules and may not cover every expense. Review official benefits before deciding whether additional protection is needed.
Your next-conversation checklist
- Locate SGLI details and separation documents.
- Check current VGLI deadlines and eligibility with VA.
- Compare options before allowing existing coverage to end.
Sources & further reading
This guide provides general education, not personalized insurance, legal or tax advice. Policy terms, eligibility and availability vary. Consult official sources for current requirements and a qualified professional for your situation. Johnson Financial is not affiliated with or endorsed by Medicare, the Department of Veterans Affairs or any government agency.