Servicemember's Group Life Insurance (SGLI) coverage terminates how many days after separation from active duty?

Servicemembers' Group Life Insurance (SGLI) coverage remains effective for 120 days after a servicemember separates from active duty. This extension provides a financial safety net during the transition period as they move from military to civilian life. Service members are encouraged to consider options for obtaining life insurance coverage after this period, as their SGLI coverage will no longer be active after 120 days.

Understanding the significance of this timeframe is crucial for servicemembers who need to plan their finances and secure life insurance coverage without interruption. This period allows them to assess their options without the immediate pressure of finding a new policy right after separation. Transitions can be challenging, and SGLI's extension offers a vital assurance in this transition phase. The other durations mentioned are incorrect and don't align with the regulations governing SGLI coverage termination.