Convert your SGLI or FSGLI Policy

Are you considering transitioning your Servicemembers’ Group Life Insurance (SGLI) or Family Servicemembers’ Group Life Insurance (FSGLI) to a more flexible and tailored life insurance plan? Trans World Assurance offers specialized policies designed to meet the unique needs of service members and their families.

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Convert Your Policy with TWA

While SGLI, FSGLI, and VGLI (Veterans’ Group Life Insurance) all serve important functions by providing servicemembers and their families with low-cost life insurance coverage, it is important to note that these are all “term life insurance” policies. That means that they lack flexibility, can become more expensive over time (in the case of VGLI), and provide no living benefits. They also may not offer an amount of coverage that is sufficient for your needs. 

Trans World Assurance’s permanent life insurance, meanwhile, ensures that you and your loved ones have the coverage you need for life with a flexible policy that will grow over time and protect your financial future. 

Discover how easy it is to convert your existing SGLI and FSGLI policies to Trans World Assurance and start protecting what matters most.

Converting a SGLI Policy

Many service members choose to convert their SGLI to Trans World Assurance policies to gain greater flexibility and customization options. While SGLI offers essential coverage during active duty, it may not fully address long-term financial planning needs or specific family circumstances. Our policies can provide you with additional coverage options, riders, and tailored benefits that can adapt to changing life situations.

To convert your SGLI policy, be prepared to provide our agents with the following documentation:

  • SGLI Conversion Notice
  • DD-214
  • NGB-22 or written orders as proof of separation (National Guard and Reserves only)
  • Final Leave and Earnings Statement (National Guard and Reserves only)

Converting a FSGLI Policy

Like SGLI conversion, many military families opt to convert their FSGLI to Trans World Assurance policies for more personalized, comprehensive coverage. FSGLI provides essential protection for spouses and dependents during a service member’s active duty, but it may not fully address long-term financial goals or specific family needs. Our policies provide greater coverage, customization, and flexibility so you can rest assured your family is adequately protected.

To convert your FSGLI policy, be prepared to provide our agents with the following documentation:

  • FSGLI Conversion Notice
  • Final Leave and Earnings Statement (LES)

And one of the following:

  • DD-214, NGB-22, or written orders as proof of separation
  • Service member’s proof of death
  • Certificate of Dissolution of Marriage
  • Proof of SGLI coverage termination
  • Proof of FSGLI coverage termination

Talk to an Agent

Ready to convert your SGLI or FSGLI policy? Fill out our contact form, and one of our knowledgeable agents will guide you through the process.

Hours

Home Office: Mon - Friday 8:00 a.m to 4:00 (PT)
Accounting Office: Mon - Friday 8:00 a.m to 4:30 (CT)

Fax

Trans World Assurance: (650) 348-7318

Address

885 South El Camino Real San Mateo, California 94402


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