Committee on Veterans. Provisions of measure incorporated into measure S. 1711 ordered to be reported.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jun 29, 1995
Veterans' Insurance Reform Act of 1995 - Redesignates the Servicemen's Group Life Insurance program as the Servicemembers' Group Life Insurance (SGLI) program. Merges the Retired Reservists' Servicemembers' Group Life Insurance program into the Veterans' Group Life Insurance (VGLI) program. Extends the VGLI program to members of the Ready Reserve who retire with less than 20 years of service. Authorizes an insured under: (1) the VGLI program to convert such policy to an individual policy of life insurance with a commercial insurance company at any time; and (2) the SGLI program to convert to such an individual policy upon separation from service.
Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.
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