Who Is Eligible For Va Life Insurance? 
In order to get VA Life insurance , someone must meet one these conditions : 1 -RRB- Have converted their SGLI -LRB- Servicemembers ' Group Life Insurance -RRB- to VGLI -LRB- Veterans ' Group Life Insurance -RRB- within 120 days after separating from the Service . This can be extended one year with a statement of good health . 2 -RRB- Have been given a VA rating for a new service related disability incurred in the past two years . This qualifies them for S-DVI -LRB- Service-Disabled Veterans ' Life Insurance -RRB- . 3 -RRB- Qualified for VMLI -LRB- Veterans Mortgage Life Insurance -RRB- by virtue of being a disabled veteran who was able to get an SAH grant . 