FSGLI Conversion – Spouse Coverage Continuation[Watch or Read]


FSGLI  Conversion - What Happens to Spousal Coverage?

My least favorite feature of the military spouse benefits is the FSGLI conversion. Now this is actually a saving grace for some spouses but for most it puts them in a sticky situation regarding their life insurance portfolio. Let me explain why. I've noticed that most military spouses are oblivious to their true life insurance needs. They seem to have this mentality that they are all set up with whatever coverage is provided under their service member's plan. As a life insurance professional with 14yrs of experience, this is troubling. If military spouses are relying solely on this benefit they are not only drastically under insured but can have insurability challenges when their service member exits the military. Unlike the service member's plan, there is only one option to continue the coverage. That option is to convert their FSGLI group life insurance into a whole life policy with a participating company. Whole life is a permanent plan that costs much more than term life.

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SGLI Spouse Supplemental Coverage

The FSGLI offers a low cost policy for spouses when the family is in the military. It is a plan I recommend all spouses take advantage part in. However, spouses should make it a priority to purchase additional life insurance. They do not have the same challenges their service member's do when purchasing coverage. Unless they happen to be living overseas when they get around to doing it!

This gives military spouses a wide net of options to choose from when looking at supplemental coverage. There are a few associations that offer low priced plans that are similar to the FSGLI premiums. 

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FSGLI Conversion Saving Grace

The great thing about this feature is that if a military spouse has an uninsurable health condition they can continue their coverage without proof of eligibility. Basically there are no questions asked or requirements to provide medical records as long as the spouse applies within 120 days from the service member's separation date.

This conversion option can also be exercised under the following circumstances:

  1. Date of divorce from the service member.
  2. Date service member terminates the SGLI.
  3. Date service member terminates the FSGLI.
  4. Date of the service member's death.

Exercising this conversion can be a necessity for spouses who cant get life insurance coverage elsewhere or don't have the time to look into it. Although, it's a good idea to shop the market for alternative options. Preferably well when they are young and healthy.


Military spouses and children need to be aware of these unfavorable conversion options in order to structure a proper life insurance portfolio. It's essential that they have their own outside life insurance plan in place they have control over.

Most importantly, the SGLI family insurance benefit has very low coverage limits and military families should be supplementing it with additional plans.

As a practicing agent and military spouse I understand the unique challenges families face. I can provide competitive life insurance options to help them protect their families. Request an online quote or call me today!

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About Melissa Schreur - Owner & Agent Insure The Heroes

My name is Melissa Schreur. I am a military spouse providing life insurance services over the phone and online across the United States. With my 14 years of experience and access to top rated carriers, I work hard helping my clients find the best life insurance!

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