A veteran may have many types of life insurance. First, there is any type of private insurance purchased. Second, the veteran may have elected to keep Servicemen's Group Life Insurance after discharge from the military. This would have eventually been converted into term National Servicemen's Life Insurance, NSLI, or United States Group Life Insurance. Currently, only NSLI is used for new enrollees.
For more information on Life Insurance go to:
http://www.insurance.va.gov/inForceGliSite/default.htm
After a successful claim for Service Connected disability there is a two year window to file for Service Disabled Veterans Insurance. This is done through Regional Office. The insurance offered is term insurance.
NOTE: To be eligible for insurance connected with a claim you must have left the service after April 1951. For more information go to:
http://www.insurance.va.gov/inForceGliSite/buying/SDVI.htm
It is important to note that a Will will not change the beneficiary prescribed on an insurance policy. It is important to check policy to ensure that information is current.
NOTE: A veteran can sign for life insurance at the Regional Office, but two offices monitor policies nationally. To reach the office handling life insurance nearest you use the following number: 1 800 669 8477.
The office for SGLI is:
Office of SGLI
213 Washington St.
Newark, NJ 07102-9990End of Page