Veteran Insurance Spotlight: Tailored Coverage for Retired Service Members

Retired service members face unique insurance needs that demand specialized solutions. Understanding your options is essential for protecting your family, your health, and your financial future. If you’re searching for a trusted “insurance agency near me”, D.M. Johnson Insurance Agency is committed to guiding veterans through the evolving landscape of veteran insurance coverage.

Veterans often transition from military-provided coverage to civilian life, where insurance requirements and eligibility can change dramatically. Tailored insurance ensures you maintain essential protections—whether it’s life, health, or mortgage coverage—while maximizing the benefits you’ve earned through service.

1. Veterans Affairs Life Insurance (VALife)

• Guaranteed acceptance for all service-connected veterans aged 80 and under.
• Whole life coverage up to $40,000, available in $10,000 increments.
• No medical exam required; coverage takes effect after two years of paid premiums.
• Ideal for veterans with service-connected disabilities who may not qualify for traditional policies.

2. Veterans’ Group Life Insurance (VGLI)

• Allows you to convert your Servicemembers’ Group Life Insurance (SGLI) to a civilian, renewable term policy after separation.
• Lifetime renewable coverage, ensuring long-term peace of mind.
• Flexible coverage amounts to fit your family’s needs.

3. Veterans’ Mortgage Life Insurance (VMLI)

• Mortgage protection for disabled veterans who have received a VA Specially Adapted Housing (SAH) grant.
• Pays off the mortgage in the event of the veteran’s passing, helping your family stay in their home.

4. Additional Benefits and Updates for 2025

• Expanded disability coverage: New presumptive conditions and streamlined claims for respiratory and certain cancer diagnoses.
• Mental health rating improvements: Complex PTSD and sleep disorders now receive more comprehensive consideration.
• Enhanced healthcare and dependents’ benefits: Priority access to care, educational support, and survivor benefits.

Navigating the application process can be complex, but your local insurance agency can help:

• VALife: Check eligibility and apply online through the VA portal.
• VGLI: Complete form SGLV 8714 or apply online.
• VMLI: Submit VA form 29-8636 if you have an SAH grant.

As a dedicated insurance agency near you, we understand the intricacies of veteran benefits and insurance products. Our team:

• Provides personalized consultations to assess your unique needs.
• Helps you compare VA and private insurance options.
• Assists with paperwork and claims to ensure you receive every benefit you deserve.

Q: Can I keep my SGLI after leaving the military?

A: SGLI coverage ends after separation, but you can convert it to VGLI for continued protection.

Q: What if I have a service-connected disability?

A: VALife offers guaranteed acceptance whole life insurance, and you may qualify for additional benefits and premium waivers.

Q: Are there new benefits for 2025?

A: Yes, the VA has expanded disability criteria, improved mental health ratings, and increased cost-of-living adjustments for compensation.

Protect your legacy and your loved ones with insurance tailored for veterans. Contact D.M. Johnson Insurance Agency—your trusted insurance agency—for expert guidance and peace of mind.