Convert Your VGLI Policy
Are you considering transitioning your Veterans’ Group Life Insurance (VGLI) to a more flexible and tailored life insurance plan? Trans World Assurance offers specialized policies designed to meet the unique needs of veterans and their families. Discover how easy it is to convert your existing VGLI policy to Trans World Assurance and start protecting what matters most.
Why Convert My VGLI
In the short term, VGLI works well for many former servicemembers as a low-cost way to retain life insurance coverage after leaving the military. However, it may not be the best conversion option for everyone.
VGLI is a form of term life insurance, which means the policy and the coverage it provides will expire after a designated period of time. It’s also important to understand that the initial low cost of VGLI coverage is not a fixed rate. The cost of maintaining a VGLI policy will increase as the insured person ages, meaning that it could become difficult to afford later on.
Many veterans choose to convert their VGLI policies to commercial permanent life policies with Trans World Assurance to get more tailored, comprehensive lifelong coverage.
Permanent Life Insurance Policies
If you’re serious about building a secure long-term financial future and ensuring that you have lifelong protection for your loved ones, then VGLI might not be the best fit for you. Converting your VGLI policy to a permanent life insurance policy at as early an age as possible will allow you to lock in an affordable and adjustable rate for life. It will also allow you to take full advantage of the living benefits of a permanent policy by maximizing your policy’s cash value accumulation.
Compared to term life policies like VGLI, our permanent policies offer the added value of living benefits and greater flexibility, so veterans can secure coverage that aligns with their long-term needs and financial goals.
To convert your VGLI policy, be prepared to provide our agents with your VGLI Conversion Notice.
Talk to an Agent
Ready to convert your VGLI 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