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VIETNAM Era veterans discharged during a four-year period before August 1, 1974, have until August 1, 1975, to apply for lowcost Veterans Group Life Insurance. An estimated 2.7 million veterans separated from April *1, 1970, through July 31, 1974, are eligible for this insurance. It is designed as interim protection during readjustment to civilian life.
Servicemen discharged since August 1, 1974, will receive application forms automatically. Nonrenewable, five-year term coverage is available in $5,000 increments up to $20,000. Monthly premium for the maximum coverage is $3.40 for veterans age 34 and under, and $6.80 for those 35 years of age and over.
SERVICEMEN’S Group Life Insurance may be converted toVGLI without a medical examination, if applications are received within 120 days of separation from service. Applications after that time must include evidence of good health. This requirement is waived for veterans with VA-rated service-connected disabilities.
Application forms (VA Form 29 - 8 1 75) together with the necessary premiums should be sent to: Office of Servicemen’s Group Life
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