VA increases maximum life insurance coverage for Veterans and service members by $100,000

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Department of
Veterans Affairs

   
   
   

VA News Releases

 
 
03/01/2023 08:09 AM EST

Beginning March 1, VA is increasing the maximum amount of life insurance coverage available to Veterans and service members from $400,000 to $500,000 for Veterans’ Group Life Insurance (VGLI) and Servicemembers Group Life Insurance (SGLI). This increase in coverage reflects the current cost of living and helps ensure that the fa