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What is VA life insurance?
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Jun 20, 2024 · VALife is our new life insurance program for Veterans with service-connected disabilities. VA life insurance can offer financial security for Veterans, service members, and their spouses and dependent children. Explore your options, manage your policy, and file claims to get the insurance benefits you've earned.
- Options and Eligibility
VA life insurance options Get group life insurance while...
- Access Your Policy Online
Any VA life insurance policy that starts with a V, J, RS, or...
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- Veterans Affairs Life Insurance (VALife)
Veterans Affairs Life Insurance (VALife) provides guaranteed...
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How to Apply. Veterans Affairs Life Insurance (VALife)...
- Options and Eligibility
- Veterans Affairs Life Insurance
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Veterans Affairs Life Insurance (VALife) provides guaranteed acceptance whole life coverage of up to $40,000 to Veterans with service-connected disabilities. Lesser amounts are available in increments of $10,000. Under this plan, the elected coverage takes effect two years after enrollment as long as premiums are paid during the two-year period.
All Veterans age 80 and under, who have a VA service-connected disability rating of 0 to 100 percent are eligible for the VALife program and have no time limit to apply. Veterans who are 81 or older and have applied for VA Disability Compensation before age 81 but did not receive the rating for a new service-connected condition until after turning ...
The VALife program offers whole life guaranteed acceptance coverage. Under this type of coverage, the face amount of coverage takes effect two years after the date of enrollment as long as premiums are paid during the two-year period. If the insured dies within this two year period, the beneficiary will receive all premiums paid plus interest.
The premium rate (the amount you will pay each month or annually for your coverage) depends on your age and the amount of coverage you elect. The premiums for VALife are fixed and based on your age when you enroll. Learn more about premium costs.
You can apply online right now. You will need to submit your first premium payment when you apply. You can also check your eligibility in the online application.
Veterans Affairs Life Insurance (VALife) provides low-cost coverage to Veterans with service-connected disabilities. Find out if you’re eligible and how to apply.
Veterans currently enrolled in S-DVI may keep their coverage or switch to VALife. While both VALife and S-DVI cover Veterans with any level of service-connected disability (0-100%), there are key program differences to consider before deciding which program is right for you.
How to Apply. Veterans Affairs Life Insurance (VALife) became available January 1, 2023 and offers guaranteed acceptance whole life coverage of up to $40,000 to Veterans with service-connected disabilities. Learn more about VALife Lesser amounts are available in increments of $10,000.
Veterans Affairs Life Insurance (VALife) is VA’s newest whole life insurance program that offers cash value and very competitive premium rates. Enrollment opens on Jan. 1, 2023, for all service-connected Veterans age 80 and under.
VALife, VA’s newest life insurance program, opened for enrollment on January 1, 2023. This program offers guaranteed acceptance and provides whole life insurance coverage to Veterans with service-connected disabilities (0%-100%) and who are age 80 and younger.
