How many days after separation from active duty does Servicemember's Group Life Insurance (SGLI) coverage terminate?

Servicemember's Group Life Insurance (SGLI) coverage is designed to provide life insurance protection to military personnel during their active duty service. Understanding the timeline of coverage termination after separation is crucial for servicemembers as it impacts their financial planning and beneficiary arrangements.

The correct answer indicates that SGLI coverage terminates 120 days post-separation from active duty. This period allows servicemembers some time to adjust to civilian life and consider their insurance needs. Although SGLI benefits cease after 120 days, servicemembers have options such as converting their SGLI coverage to a Veterans’ Group Life Insurance (VGLI) policy if they want to maintain life insurance protection.

This time frame is established to provide a clear understanding for servicemembers transitioning out of service, ensuring they have adequate time to make new arrangements for insurance without losing protection abruptly.