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Information on Life Insurance benefits for veterans.
Minnesota Dept. of Veterans Affairs
The Claims Division represents veterans and their dependents who seek benefits from the United States Department of Veteran Affairs (USDVA) with regards to compensation, non service connected pension, insurance or educational benefits. Our Claims Division has provided this service for the Department and the American Legion since 1943.
www.mdva.state.mn.us/claims.htm or contact your County Veterans Service Officer
Navy Mutual Aid Association
The basic purpose of the Association is to aid its members and their dependents or beneficiaries, by providing with certainty and promptness a substantial sum for their relief through the medium of insurance plans at as near the actual net cost as possible. And also, to assist in securing for the dependents or beneficiaries without charge the federal benefits to which they may be legally entitled. Once composed only of Navy and Marine Corps officers, the Association now serves all uniformed personnel of the Navy, Marine Corps, Coast Guard, National Oceanic and Atmospheric Administration and U.S. Public Health Service including all enlisted and officer grades, regular, reserve, and retired.
US Dept. of Veterans Affairs
Servicemembers’ Group Life Insurance (SGLI) is low-cost term life insurance for servicemembers and reservists. Coverage of up to $400,000 begins when you enter the service. Generally, it expires 120 days after you leave the service.
Traumatic SGLI is automatically included in SGLI and provides for payment up to $100,000 for servicemembers who lose limbs or incur other serious injuries.
Veterans Group Life Insurance (VGLI) is renewable term life insurance for veterans who want to convert their SGLI up to an amount not to exceed the coverage you had when you separated from service. You must apply within one year from separation from service.
Service-Disabled Veterans Insurance, also called "RH" Insurance, is for service-connected veterans. Coverage is $10,000. You may be eligible for a $20,000 supplemental policy if you are totally disabled. You must apply for RH within two years of being rated service connected by VA.
www.insurance.va.gov
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