Veterans Get $150M Insurance Break

VA offers three-month premium holiday for life insurance to save veterans $330-$1,275

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Veterans Get $150M Insurance Break

VA offers three-month premium holiday for life insurance to save veterans $330-$1,275

In brief

VA offers three-month premium holiday for life insurance to save veterans $330-$1,275 Veterans with active VGLI coverage on November 1 get $330-$1,275 savings on life insurance premiums Originally reported by Newsweek.

New VA Insurance Break

Stock image/file photo: A USA patch flag on a military uniform.

VA introduces first-ever three-month premium holiday for Veterans' Group Life Insurance holders starting November 1, 2026.

“VA is all about making life better and more affordable for Veterans, and this premium holiday will help the men and women who served this nation keep more of their hard-earned money.”

Who Qualifies

Veterans with active VGLI coverage on November 1 get automatic three-month premium break without applying.

Savings Breakdown

A 29-year-old with $500k coverage saves $90; a 60-year-old with $500k coverage saves $1,275.

Policy Details

Policy Details

VGLI covers $10k-$500k life insurance for veterans with active coverage on November 1.

Eligibility Rules

Coverage lapses by October 31? Don't qualify. Pay overdue premiums to avoid losing benefits.

What's Included

Break applies only to VGLI. SGLI, Family SGLI, VALife and Service-Disabled Veterans Insurance not included.

The key point

Veterans with active VGLI coverage on November 1 get $330-$1,275 savings on life insurance premiums

Read the original on Newsweek

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