Looking for the definition of EICU? What does EICU stand for? Find out it here! 2 meanings for EICU abbreviations and acronyms on acronymsandslang.com The World's most comprehensive acronyms and slang dictionary!
Veterans Group Life Insurance. Itâs important to consider which life insurance policy is best to ensure your familyâs financial security. When you separate from the military you have the option to convert your SGLI benefit over to VGLI. But, you have a limited time frame after separation to do so â 1 year and 120 days to be exact.
FEGLI is group term life insurance, meaning it does not build cash values or paid-up insurance values. Basic Insurance Coverage Most Federal employees are eligible for the FEGLI program, which includes Basic Life Insurance coverage and three forms of optional coverage. If eligible, you are automatically covered by Basic Insurance when hired, and coverage continues, with premiums deducted from your paycheck, until you waive the coverage.