Veterans nearly $150 million in insurance premium payments starting in November, when VA implements the first-ever premium holiday for the Veterans’ Group Life Insurance program.
More than 3 million Veterans, service members, and spouses who receive life insurance from VA’s programs will receive a discount on premiums starting in the spring of 2025.
VA’s newest life insurance program: Veterans Affairs Life Insurance (VALife) has been open for one year.
The Department of Veterans Affairs’ new guaranteed-acceptance insurance program, VALife has issued more than $950 million in coverage to 31,400 Veterans in its first year.
