Can I Get Life Insurance Through The VA?

1. 

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   Samuel Smith

   Enrolled Agent-licensed to practice before the IRS, Samuel N Smith, EA, South Carolina

   yes, you can purchase life insurance through the Veterans Adminstration. This could be important life insuruance but are we assuming that the tendency to preclude "military action" in standard life insurance policies is not also included in those policies? You better read the fine print and I would require the agent to give me a written statement that if I am killed in Military action" then my family is protected as stated on page so and so in the policy and you need to have this discussion with your significant other

   Answered on November 25, 2013

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2. 

   63333 POINTS

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   Peggy Mace

   Most of the U.S.

   You will automatically be enrolled in $400,000 of life insurance when you enter the service. If you want less, you can decrease it by increments of $50,000. After you are out of the service, there is a window of time where you must convert your SGLI to VGLI, or you will lose the opportunity to do so. See http://www.benefits.va.gov/insurance/ for details.

   Answered on November 27, 2013

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