Veterans Get $150 Million Boost: Who Qualifies for VA's Insurance Break
Summary
The Department of Veterans Affairs (VA) will offer a three-month break from paying life insurance premiums for Veterans' Group Life Insurance (VGLI) holders between November 1, 2026, and January 31, 2027. This break will help more than 457,000 veterans save nearly $150 million while keeping their insurance coverage active.Key Facts
- The VA will suspend premiums for VGLI from November 1, 2026, to January 31, 2027.
- Over 457,000 veterans currently have VGLI coverage and are eligible for this break.
- Veterans do not need to apply; the premium holiday will be automatic if coverage is active by November 1, 2026.
- Veterans whose policies have lapsed before November 1 will not qualify unless they pay the overdue amounts to reactivate.
- Veterans who start new VGLI coverage during the holiday will receive partial premium breaks for the months after their start date.
- VGLI is a life insurance program letting veterans keep coverage after military service, with amounts ranging from $10,000 to $500,000.
- The average monthly VGLI premium is about $110, with savings varying based on age and coverage level.
- Veterans who paid premiums in advance for this period will receive credit for future bills or refunds if they pay during the holiday.
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