Veterans Group Life Insurance (vgli)
Definition of "Veterans group life insurance (vgli)"
Five-year nonrenewable term life insurance policy for veterans who were covered by servicemens group life insurance (SEGLI) while on active duty in the U.S. uniformed forces. At the end of the five-year term, the insured may convert the policy to individual permanent life insurance with any company that participates in the VGLI program.
Popular Insurance Terms
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Rules that apply to employee distributions (see rollover and withholding rules for qualified plan distributions: payment paid to employee) and that also apply to distributions to surviving ...
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Act by a company that authorizes an agent to act on its behalf. ...
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Coverage for damage to a building or its contents due to the weight of these elements. Outdoor property such as patios, swimming pools, and sidewalks are usually excluded. ...
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