Life Insurance Question

[jerlor]

I signed up for the $10,000 life Insurance policy, It states I must file a written application for a waiver of premiums and supply proof of disability. Can anyone tell me if my one page letter from the VA stating that I am 100% permanent and totally disabled be proof enough or would I have to supply the entire award decision? Also is there an application form I need to send with the proof? The letter from the National Service Life Ins. Policy has a PO box in Philly.Am I to assume that will be where I send the proof etc?

Thanks for any help

[jbasser]

Make a copy of that page that states permenent and total and send it to them. On the application, handwrite the following words: I request Waiver of premium.

That is all you need.

We are going to have an insurance specialist for SDVI on the SVR show next month.

J

[jerlor]

Not to sound stupid, but what is the SVR show?

[Bonzai]

SVR is Surviving Veterans Resolve, a radio show that covers many beneficial topics to veterans. A link to it and its archives is located on HadIt's home page.

Hope this helps...

[hedgey]

I have a stupid Life Insurance question... I was given a new SC rating back in July, and with the paperwork was the envelope & form to buy VGLI. I set it aside because I knew I had a year to decide if I wanted it or not....

In December I got my 100 P&T approved, and with that paperwork was a mention that I would be eligible for a waiver of premiums. BUT it read as though I was out of luck because I wasn't currently paying for VGLI.

What I'm wondering is whether I might still get in under the wire because I still have 5 months left to decide if I want to get the VGLI in the first place. Can I sign up for it and then request the waiver?

[carlie]

hedgey,

I believe a vet has two years from a new SC'd disability to get the insurance.

I could be wrong, hopefully other's will chime in.

[Bonzai]

I was service-connected and did not get VGLI. Then I was increased to 100% P&T, but did not qualify as I had been SC'ed for longer than 2 years. However, I was SC'ed for HTN after all that, and then I qualified for getting VGLI within the two year limit for a NEW SC condition and the premium paid for the first $10,000 due to 100% P&T I was already.

Hope this helps...