Life Insurance For Vets At Less Than 100% (not)

[danang_1969]

Someone said that a vet was elgible and had 2 years window to apply for life insurance after being granted a % for an for an SC condition. It seems that only applies if the vet is in good health and hasn't been denied on any other chronic illness, that you can get life insurance.

Is that correct? Letter of denial below.

DEPARTMENT OF VETERANS AFFAIRS

Regional Office and Insurance Center Wissahickon Avenue and Manheim Street

P. O. Box 7208 Philadelphia PA 19101

Dear ____________ We are sorry we are unable to approve your application for Service Disabled Veterans Insurance (RH).

Your application shows that you have _________________. You indicated that you stopped working on _________, the date entitlement to Social Security disability benefits began due to ______________- Based on sound underwriting principles and experience, this non-service connected condition is not consistent with our requirements of good health for insurance purposes.

The insurance applied for requires that good health requirements must be met in all respects except for conditions which are rated as service connected. The Regional Office did not grant service connection for the above condition.

When we use the term "good health", we mean free from disease, injury, abnormality, infirmity, or residuals of disease or injury to a degree that would tend to weaken or impair the normal functions of the mind or body or shorten life.

The enclosed form advises you of your procedural and appeal rights in connection with this decision.

Determinations as to what conditions are considered service connected are the responsibility of the Rating Board of the Regional Office nearest to you. Any questions regarding these ratings should be addressed to the Veterans Service Center Manager___________________________________________________________________

If you need to contact us, see below. If you write us, please include your daytime phone number. Sincerely yours,

SENIOR VETERANS CLAIMS EXAMINER Enclosure: VA Form 4 107

Edited May 28, 2008 by danang_1969

[Berta]

Yes-this type of insurance is available for vets with a service connected condition.S-DVI

Also any vet with SGLI should convert to either VGLI or a private insure if they get a conversion letter.

I believe that veterans who leave service with 100% disabilities service connected have the two year window to apply for it- but not sure-they are definitley eligible for it

http://www.insurance.va.gov/miscellaneous/index.htm

SDVI is different:

"To be eligible for basic Service-Disabled Veterans Insurance (S-DVI), a veteran must have been released from active duty under other than dishonorable conditions on or after April 25, 1951. He/she must have received a rating for a service-connected disability and must be in good health except for any service-connected conditions. Application must be made within two years of the granting of service-connection for a disability. "

They defer the SC disabilities- in other words- if a vet is 100% PTSD and no other major medical problems-this vet should be able to get S-DVI.

"You have two years from the date you are notified that you have a NEW service-connected disability. You do not get an additional eligibility period if you are granted an increase in your current disability. Once you have a policy and are notified of your entitlement to waiver of premiums because of total disability, you have one year to apply for the supplemental $20,000 in coverage"

There is a lot of info at the VA web sute and I believe that even a "0" SC rating qualifies a vet for S-DVI-not sure on that-

[danang_1969]

Thanks Bertha, that's what I thought. I got denied because I have a serious life threatening non SC'd condition, even though I am 30% SC'd and applied within the first year of the SC granted.. Thanks again.