Compensation of Survivors of U.S. Military Personnel Applies to Retired Members only when noted Death Gratuity – A $100,000 tax-exempt death gratuity provides immediate cash to meet the needs of survivors. Government Housing or Allowances and Relocation Assistance - Survivors receive rent-free Government housing for up to one year or the tax-free Basic Allowance for Housing … [Read more...]

The Service-Disabled Veterans Insurance (S-DVI) program was established in 1951 to meet the insurance needs of certain veterans with service connected disabilities. S-DVI is available in a variety of permanent plans as well as term insurance. Policies are issued for a maximum face amount of $10,000. You can apply for S-DVI if you meet the following 4 criteria: You were … [Read more...]

The Veterans' Mortgage Life Insurance (VMLI) program provides mortgage life insurance to severely disabled veterans and service members. It is designed to pay off home mortgages of disabled veterans and service members in the event of their death. VMLI provides up to $90,000 mortgage life insurance payable to the mortgage holder (i.e., a bank or mortgage lender), in the event … [Read more...]

Veterans Group Life Insurance (VGLI) is a program of post-separation insurance which allows Servicemembers to convert their SGLI coverage to renewable term insurance. Members with full-time SGLI coverage are eligible for VGLI upon release from service. VGLI coverage is issued in multiples of $10,000 up to a maximum of $400,000. However, a Servicemember's VGLI coverage amount … [Read more...]

The Traumatic Injury Protection Under Servicemembers' Group Life Insurance (TSGLI) program is a rider to Servicemember’s Group Life Insurance (SGLI). The TSGLI rider provides for payment to Servicemembers who are severely injured (on or off duty) as the result of a traumatic event and suffer a loss that qualifies for payment under TSGLI. TSGLI payments are designed to help … [Read more...]