National Guard SGLI Questions.

I'm going to be coming off Title 10 orders in December. I had SGLI and Tricare when I was regular drill status, and I kept both through this deployment.

First question is what do I need to do to ensure that I retain both after I go back to regular drill status?

Second, when my Guard contract ends in August 2027, if I'm eligible for the conversion from SGLI to VGLI, will the policy still be valued at $500,000, and do I keep this policy for life?