What is the difference between VA Life Insurance and Service-Disabled Veterans Life Insurance?

Important changes are coming to VA Life Insurance programs. Veterans Affairs Life Insurance (VALife) is launching on Jan. 1, 2023, as a new guaranteed acceptance whole life insurance program for service-connected Veterans. VA’s current offering for service-connected Veterans—Service-Disabled Veterans Life Insurance (S-DVI)—closes to new enrollment after Dec. 31, 2022. Veterans currently enrolled in S-DVI may keep their coverage or switch to VALife.

While both VALife and S-DVI cover Veterans with any level of service-connected disability (0-100%), there are key program differences to consider before deciding which program is right for you.

Go to the following link for more information:  https://news.va.gov/109922/difference-va-life-insurance-sdvi/

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