Life Insurance

extended vgli period

VGLI Application Period Extended

Extension of VGLI Application Period The VA has extended the Veterans’ Group Life Insurance (VGLI) application period by 90 days. The extension of the application period ensures all eligible service members and veterans have an opportunity to apply for VGLI despite the widespread upheaval caused by COVID-19. Under the VGLI application period extension, former service… Read more »

Service-Disabled Veterans Insurance

Service-Disabled Veterans Insurance (S-DVI) Overview

Service-Disabled Veterans Insurance Service-Disabled Veterans Insurance (S-DVI) is a Veterans’ Affairs insurance program that offers low-cost coverage to eligible service members. It is available to veterans who have service-connected disabilities. The basic coverage amount is up to $10,000. Can you apply? You can apply for S-DVI if all of the following conditions are true. You:… Read more »

Veteran’s Mortgage Life (VMLI)

Veterans’ Mortgage Life (VMLI) Overview

Veterans’ Mortgage Life (VMLI) If you have a service-connected disability that the VA concluded was caused or made worse by your service, you may be eligible for a Veterans’ Mortgage Life Insurance (VMLI) policy. In the event of your death, this insurance can help your family pay off the home mortgage that has been adapted… Read more »

SGLI

SGLI Servicemembers Group Life Insurance

What is SGLI coverage? SGLI stands for Servicemembers’ Group Life Insurance.  SGLI provides low-cost term life insurance coverage to service members that are eligible. If the service member is eligible, they are automatically issued the maximum in SGLI coverage. They are automatically enrolled and will not have to apply. Service members can however decline the… Read more »