Vgli

[drt773]

Just wondering if it worth it is the money buying the VGLI or not. The rates seem kind of high to me. But I haven't begun to price life insurance rates lately for a 39 yo Male either. Just trying to get some feedback from someoene who knows more than me. Thank you.

Donnie

[john999]

If you are basically healhy you can get a better deal on life insurance from Select Quotes. Before I was TDIU I got $250,000 for a little over $700 a year for a 15 year term. I was under 50 years old. The veteran's insurance is OK as a death benefit policy just to pay final expenses.

[Former Member]

Life insurance is an excellent investment-in my opinion-

maybe not for yourself but for your family.

Death is expensive.

Guys- many of you had VSGI and then after ten years I think- you had to convert to private insurance ???

I know it is expensive because my husband had to convert- he was never eligible for SDGLI as his 100% SC came posthumously-

Whole life plans even have a loan option in some cases-

I think my daughter- a veteran- has what you have John. VSGLI

My neighbor, 20 years retired got a conversion letter from VSGLI after he had been out for ten years.

I got him info from my insurance company to convert it.

He never converted it nor paid anymore money for it.

He thinks the $250,000 is still a valid policy. How could it be?

Edited May 19, 2007 by Berta (see edit history)