The SGLI is TERM life insurance, meaning it has no cash value.
There is a short window after discharge to transfer it into a VGLI but there is no way to cash the plan out.
The reason ? Bcuz of the word "term" ? I've had, experience n the past, wth life ins. Ability 2 borrow against that policy; pd n2 monthly. "Value" there...otherwise, inability 2 utilize as a "valuable" assest....???!!! Mr. King, THANK U !!!
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