Like many Americans, US veterans may need support managing financial matters, especially when it comes to taking care of loved ones who pass away. The US Department of Veterans Affairs (VA) and US Department of Defense (DOD) offer valuable End of Life financial resources to help Veterans and their families.
In addition to healthcare, pension and burial benefits, the VA offers a variety of other Veterans services. These include financial counseling, online will preparation, grief counseling, and fiduciary and life insurance programs.
Life Insurance Programs
- Family Servicemembers’ Group Life Insurance (FSLGI)
FSGLI is term life insurance coverage for a spouse and dependents of injured Service members. Go to: http://www.benefits.va.gov/insurance/fsgli.asp
- Service-disabled members’ Veterans Insurance (S-DVI)
S-DVI is for Veterans who have service-related disabilities and are otherwise in good health. Go to: http://www.benefits.va.gov/insurance/s-dvi.asp
- Servicemembers’ Group Life Insurance (SGLI)
SGLI provides low-cost term life insurance coverage to eligible Servicemembers. Go to: http://www.benefits.va.gov/insurance/sgli.asp
- Servicemembers’ Traumatic Injury Protection Program (TSLGI)
TSGLI provides automatic traumatic injury coverage to Veterans covered under SGLI, and provides short-term financial assistance to the severely injured. Go to: http://www.benefits.va.gov/insurance/tsgli.asp
- Veterans Group Life Insurance (VGLI)
VGLI allows Veterans to convert SGLI coverage to renewable term insurance. Go to: http://www.benefits.va.gov/insurance/vgli.asp