VA Life Insurance

Former Commander Max Wix has sent this along to share with our Post:

Veterans Affairs Life Insurance (VALife) https://www.benefits.va.gov/insurance/valife.asp

All Veterans age 80 and under. If 81 or over, veterans can apply after receiving a new VA Rating letter. VALife can pay in $10K increments up to $40K at death. Payments are based upon your age, at the time of application. Must pay premiums from VA Disability for 2 full years after enrollment. 2 year waiting period replaces the need for medical underwriting. If the veteran passes away before 2 years, premium amounts (Plus Interest) are returned, when applied for by beneficiaries.

Call 800 669-8477 to establish a date and time for an VA Insurance Agent to call for fill out forms to apply for the insurance. Or you may apply at the VA website above.

How your beneficiaries would file a claim

Your beneficiaries would need to fill out a Claim for One Sum Payment (VA Form 29-4125). They can fill out the form and file it online through DocuSign. The following information is REQUIRED to complete this form: – Veteran’s Social Security Number – Beneficiary’s Social Security Number – Electronic copy of the Veteran’s death certificate or a statement from the attending physician showing date and cause of death. Once you click (Begin Signing), you will be directed to an online form to provide the required information to request benefits.

Go to VA Form 29-4125 on the DocuSign website

Or they can fill out the form and then upload it online or send it by mail.

Get VA Form 29-4125 to download