Beginning March 1, VA is increasing the maximum amount of life insurance coverage available to Veterans and service members from $400,000 to $500,000 for Veterans’ Group Life Insurance (VGLI) and Servicemembers Group Life Insurance (SGLI). This increase in coverage reflects the current cost of living and helps ensure that the the families of Veterans and service members will have the financial support they deserve after their loved ones pass away.
These past two years, we have delivered more care and more benefits to more Vets than at any other time in our nation’s history; thanks to many people, including each and every one of you. We’re going to keep fighting like hell for Vets, together and for all Vets, to give them the best outcomes. And we’re looking forward to collaborating even more effectively, to build on what’s working, and to fix what’s not.
This week, as a part of ongoing efforts to end Veteran homelessness, the Department of Veterans Affairs published three grant opportunities for Fiscal Year 2024 that will help Veterans who are experiencing or at risk of homelessness.