Life Insurance Coverage for Service-Connected Disabled Veterans
In addition to the extended SGLI coverage and VGLI programs mentioned in Chapter 8 of the
Preseparation Guide, veterans with service-connected disabilities are eligible for two additional
life insurance programs. The following information will help you determine if you are eligible
for these programs and how to apply.
Service-Disabled Veterans Life Insurance (S-DVI)
Service-Disabled Veterans Insurance is life insurance for veterans who receive a
service-connected disability rating by the Department of Veterans Affairs. The basic S-DVI
program, commonly referred to as "RH Insurance", insures eligible veterans for up to
$10,000 of coverage. Veterans who have the basic S-DVI coverage and are
totally disabled are eligible to have their premiums waived. If waiver is granted, totally
disabled veterans may apply for additional coverage of up to
$20,000 under the Supplemental S-DVI program. Premiums for Supplemental S-DVI
coverage, however, cannot be waived.
You are eligible for S-DVI if:
- you were released from service under other than dishonorable conditions on or after April 25,
1951
and
- VA has notified you that you have a service-connected disability
and
- you are healthy
except for your service-related disability
and
- you apply within 2 years of being notified of your service-connected disability.
You are eligible for Supplemental S-DVI if:
- you have an S-DVI policy
and
- The premiums on your basic coverage are being waived due to total disability
and
- you apply within 1 year of being notified of the waiver
and
- you are under 65 years of age.
The S-DVI premiums varies depending on your age, type of plan (term or permanent), and the
amount of coverage you select.
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Hot Tip:
Waiver of Premiums
You may be eligible for a waiver if you become totally disabled before your 65th birthday and
stay that way for at least 6 consecutive months. (Premiums for Supplemental S-DVI can't be
waived.)
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You may apply for SDVI using the following forms:
Veterans’ Mortgage Life Insurance (VMLI)
Veterans Mortgage Life Insurance is an insurance program that provides up to $90,000 in
mortgage life insurance coverage on the home mortgages of veterans with severe service-connected
disabilities who:
- Receive a Specially-Adapted Housing Grant from VA for assistance in building, remodeling, or
purchasing an adapted home;
and
- Have title to the home;
and
- Have a mortgage on the home.
The insurance is payable only to the mortgage lender, not to family members.
VMLI coverage is available on a new mortgage, an existing mortgage, a refinanced mortgage, or
a second mortgage.
VMLI premiums are determined by:
- The insurance age of the veteran;
and
- The outstanding balance of the mortgage at the time of application;
and
- The remaining length of the mortgage.
