S-DVI

[US NAVY DAV]

100% SC DAV are given a $10000 20 payment life policy.  There is an option to increase to an additional 30000 for a fee which looks like it would be a dollar or two for every thousand @ 30k.  So it seems as if it may be 20 to 40 dollars.

 

My question is other companies do it cheaper, what is the benefit to this supplemental plan?

[green]

Considering age and level of disability, industry policies may be difficult to obtain and more expensive.  I'd do some checking to see where you can get the best coverage for your $

[US NAVY DAV]

Well I am 30, so most policies would be the normal prices and what not.  Looking at the prices from USAA I suppose I am lost.

 

Coverage Features	Level Term	Military Term	Universal Life	Whole Life
Sample Rates1	$14.15per month $250,000 10 Year	$14.15per month $250,000 10 Year	$70.74per month $100,000	$84.57per month $100,000
Length of your coverage	Up to 30 years	Up to 30 years	Your lifetime	Your lifetime
You may purchase coverage for children�(Opens pop-up layer)
Your payment amount	Remains the same	Remains the same	Can be flexible	Remains the same
Free financial advice for your beneficiaries
Builds cash value�(Opens pop-up layer)
$25,000 Severe Injury Benefit�(Opens pop-up layer)

[Vync]

27 minutes ago, US NAVY DAV said:

100% SC DAV are given a $10000 20 payment life policy.  There is an option to increase to an additional 30000 for a fee which looks like it would be a dollar or two for every thousand @ 30k.  So it seems as if it may be 20 to 40 dollars.

My question is other companies do it cheaper, what is the benefit to this supplemental plan?

Keep in mind that the S-DVI from the VA also requires you to not be gainfully employed. I applied for it and they rejected the free $10,000 deal because I still had a job.

[Vync]

19 minutes ago, US NAVY DAV said:

Well I am 30, so most policies would be the normal prices and what not.  Looking at the prices from USAA I suppose I am lost.

 

Coverage Features	Level Term	Military Term	Universal Life	Whole Life
Sample Rates1	$14.15per month $250,000 10 Year	$14.15per month $250,000 10 Year	$70.74per month $100,000	$84.57per month $100,000
Length of your coverage	Up to 30 years	Up to 30 years	Your lifetime	Your lifetime
You may purchase coverage for children�(Opens pop-up layer)
Your payment amount	Remains the same	Remains the same	Can be flexible	Remains the same
Free financial advice for your beneficiaries
Builds cash value�(Opens pop-up layer)
$25,000 Severe Injury Benefit�(Opens pop-up layer)

Wow, those numbers look great. I'm 44 and am going to look into the rates they have for me. I checked with Allstate recently, but they are nowhere near that.

[US NAVY DAV]

Just now, Vync said:

Keep in mind that the S-DVI from the VA also requires you to not be gainfully employed. I applied for it and they rejected the free $10,000 deal because I still had a job.

 

Right I got the $10,000 and they had a paper inside talking about the supplemental which is why I am looking at it.

[US NAVY DAV]

2 minutes ago, Vync said:

Wow, those numbers look great. I'm 44 and am going to look into the rates they have for me. I checked with Allstate recently, but they are nowhere near that.

Well sadly I dont know what they mean but it can be found here, and

Who Can Join?

• Active, retired and received a discharge type of Honorable officers and enlisted personnel of the U.S. Military
• Cadets and midshipmen at U.S. service academies, in advanced ROTC or on ROTC scholarship, plus officer candidates within 24 months of commissioning
• Individuals whose parents have or had USAA auto or property insurance
• Former USAA members who had auto or property insurance
• Widows, widowers and un-remarried former spouses of USAA members²⁴  who had USAA auto or property insurance while married

https://www.usaa.com/inet/wc/why_choose_usaa_main

https://www.usaa.com/inet/pages/insurance_life_main?wa_ref=pub_global_products_ins_life