Is There A Life Insurance Policy For Veterans? 
When servicemembers separate from the service , they have the opportunity to convert their SGLI -LRB- Servicemembers Group Life Insurance -RRB- to VGLI -LRB- Veterans Group Life Insurance -RRB- . However , it must be done within a short time . If a veteran is looking for life insurance after some years of being out of the service , there is not a VA policy especially for them , but they can get private life insurance as can anyone of that age group . 