Conversion is the process of switching your SGLI coverage to a private insurer without having to take a medical exam or answer health questions. (Alternately, you can switch to a VGLI plan.) In order to benefit from conversion, you must do so within specific timelines: 120 days after your date of separation to convert your SGLI to a private plan without a medical exam or health questions. The participating private insurer may ask you to answer health questions to get a better rate, but the VA states that you are not obliged to answer those health questions.  You can convert a VGLI to an individual policy at any time.