VA offers several insurance programs which may benefit you. But, knowing which ones you qualify for and then applying, at the right time, are key steps to getting the coverage that’s best for you and your family.
A picture is worth 1,000 words. To illustrate that point, the image to the left provides a simple explanation of each of VA’s insurance programs. There’s an interactive version of it here. Using this interactive graphics, it’s now easier than ever to find out if you’re eligible for a VA insurance program. You’ll find illustrations that depict the VA life insurance program at large and individualized eligibility timelines for each program, so that you can ensure you don’t miss out on applying for the benefit that best suits you and your family.
So, which program is right for you?
Servicemembers’ Group Life Insurance (SGLI) is a low-cost, group term life insurance for Servicemembers. Coverage is automatic for most active-duty Servicemembers. It is also automatic for Ready Reserve and National Guard members scheduled to perform at least 12 periods of inactive duty training per year, members of the Commissioned Corps of the National Oceanic and Atmospheric Administration, the Public Health Service, cadets and midshipmen of the U.S. military academies, and Reserve Officers’ Training Corps members.
Servicemembers’ Group Life Insurance Disability Extension (SGLI-DE) Servicemembers who are totally disabled at separation may extend their SGLI coverage for up to two years for free.
Veterans’ Group Life Insurance (VGLI) is lifetime renewable group term insurance for Veterans. Servicemembers with full-time SGLI coverage are eligible to convert SGLI to VGLI after separation from service.
Family Servicemembers’ Group Life Insurance (FSGLI) insures spouses and dependent children of Servicemembers with SGLI coverage. Dependent children are automatically covered at no charge.
Servicemembers’ Group Life Insurance Traumatic Injury Protection (TSGLI) is an automatic feature of SGLI that provides coverage to Servicemembers in the event they suffer severe losses, such as amputations, blindness, and paraplegia, due to traumatic injuries.
Service-Disabled Veterans Insurance (S-DVI) is life insurance coverage for Veterans who received a service connected disability rating from VA within the last two years; the rating must be for a new disability. Totally disabled Veterans may be eligible for free coverage and may have the opportunity to purchase additional insurance.
Veterans Mortgage Life Insurance (VMLI) is mortgage life insurance protection available to severely disabled Servicemembers and Veterans after VA has approved a Specially Adapted Housing (SAH) Grant.
As you can see, VA offers a number of life insurance programs, and each accommodates a different group of Veterans and Servicemembers and their families. If you have additional eligibility questions, please let us know in the comments below.
Melodee Mercer is the public affairs officer for the VA Insurance Center. Prior to working for VA, she volunteered her time at the local VA and military hospitals, logging more than 7,500 volunteer hours.