The VA website states, "they won't accept any more SVDI insurance applications after Jan.1, 2023".
I would apply "even if" I was not 100 percent, "but I thought I may be" some time in the future, as you may get in on the insurance. But who knows?
This means if you are 100 percent and don't yet have the free 10,000 life insurance, then apply, so VA GETS your application by/before Jan. 1. Note: The VA Life insurance calls it "waiver of premiums," but that means, if eligible, you get the premiums waived and get the benefits of the insurance, that is, what I call "free insurance."
This is whole life insurance meaning it "builds cash value" over time. You can borrow or cash it in from that cash value, even though you haven't paid any premiums.
I get a letter yearly on the cash value of my life insurance at VA.
This can provide emergency money if you need it in a few years.
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broncovet
Do not miss this deadline.
The VA website states, "they won't accept any more SVDI insurance applications after Jan.1, 2023".
I would apply "even if" I was not 100 percent, "but I thought I may be" some time in the future, as you may get in on the insurance. But who knows?
This means if you are 100 percent and don't yet have the free 10,000 life insurance, then apply, so VA GETS your application by/before Jan. 1. Note: The VA Life insurance calls it "waiver of premiums," but that means, if eligible, you get the premiums waived and get the benefits of the insurance, that is, what I call "free insurance."
This is whole life insurance meaning it "builds cash value" over time. You can borrow or cash it in from that cash value, even though you haven't paid any premiums.
I get a letter yearly on the cash value of my life insurance at VA.
This can provide emergency money if you need it in a few years.
Don't miss that deadline. Read the rules:
Go Here Now to Apply: VA Disabled Veterans Life Insurance
Edited by TbirdFormatting
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broncovet
You posted: why would anyone want to switch? I agree. If you already have the 10,000 with waiver of premiums, then you give that up, if you buy the "new" VA life. This said, "it
blahsaysme2u
can always count on logic from you sir! thanks for the info... i have employer life too....so i think ill just keep my free (once i actually get my waiver- in appeal from other thread i wont go into
broncovet
VA "changing" the life insurance program, was their clever scam coverup of discontinuing our 10,000 free life insurance. They make it sound like its cheaper and better. Its pretty hard to beat
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