Veterans’ Group Life Insurance SGLI may be converted to Veterans’ Group Life Insurance (VGLI), which provides renewable term coverage to:       1. Veterans who had full-time SGLI coverage upon release from active duty or the reserves.        2. Ready Reservists with part-time SGLI coverage who incur a disability or aggravate a pre-existing disability during a reserve period that renders them uninsurable at standard premium rates.        3. Members of the Individual Ready Reserve and Inactive National Guard. SGLI can be converted to VGLI up to the amount of coverage the service member had when separated from service. Veterans who submit an application and the initial premium within 120 days of leaving the service will be covered regardless of their health. After 120 days, veterans can still convert to VGLI if they submit an application, pay the initial premium, and show evidence of insurability within one year of termination of SGLI coverage.         Service members who are totally disabled at the time of separation are eligible for free SGLI Disability Extension of up to two years. Those covered under the SGLI Disability Extension are automatically converted to VGLI at the end of their extension period. VGLI is convertible at any time to a permanent plan policy with any participating commercial insurance company.            SGLI Disability Extension         Service members who are totally disabled at the time of separation are eligible for free SGLI Disability Extension of up to two years.  Those covered under the SGLI Disability Extension are automatically converted to VGLI at the end of their extension period.  VGLI is convertible at any time to a permanent plan policy with any participating commercial insurance company.