life insurance for 100% disabled veterans
Service-Disabled Veterans Life Insurance (S-DVI) provides low-cost coverage to eligible veterans. If you have a service-connected disability, find out how to apply for S-DVI online, mail, or contact us at Woody’s Insurance 888-252-4440.
life insurance for disabled veterans
All of these must be true. You:
- Were released from active duty on or after April 25, 1951, and didn’t receive a dishonorable discharge, and
- Were rated for a service-connected disability (even if only 0%), and
- Are in good health except for any service-connected conditions, and
- Apply within 2 years from the date we grant your new service-connected disability
Note: An increase of a rating you had before—or a rating of Individual Unemployability, meaning you can’t work—doesn’t qualify you for S-DVI.
Life Insurance For Veterans Over 60
Veterans can receive between $10,000 to $400,000 of coverage depending on their previous SGLI policy’s coverage level. It’s also possible to increase coverage limits $25,000 every five years—up to $400,000—until reaching age 60
veterans life insurance death benefits
- The Department of Veterans Affairs (VA) offers life insurance policy options for veterans
- As a veteran, your life insurance death benefit ranges from $10,000 to $400,000 based on the amount of Servicemembers’ Group Life Insurance (SGLI) coverage you had when you left the military
- To keep SGLI life insurance after you retire, you must pay premiums, which increase with age
- You may be able to skip the medical exam when you get Veterans’ Group Life Insurance (VGLI)
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