SERVICE DISABLED VETS INSURANCE

   Service-Disabled Veterans Life Insurance (or S-DVI) is now available! S-DVI policies are issued for a maximum face amount of $10,000. The premium you pay for S-DVI coverage depends on your age, type of plan (term or permanent), and the amount of coverage. If you are a Veteran eligible for basic S-DVI coverage and are totally disabled, then you may apply to have your premium waived.

   You are eligible to obtain this insurance if you meet all of these requirements:

  • You were discharged from service after April 25, 1951 under other than dishonorable conditions.
  • VA granted service connection for any disability (even if evaluated at zero percent.)
  • You applied within two years from the date VA notified you of that new service connected disability.
  • You are in good health, except for any service connected conditions.
   An increase in an existing service connected disability or the granting of individual unemployability of a previous rated condition does not entitle a Veteran to S-DVI.

   The VA will issue VA form 29-4364 Application for Service Disabled Veterans Life Insurance, along with their Notice of Disability Rating. You must apply within two years from the date VA notifies you that you have been granted a new service connected disability. You may also apply on line.

   To apply for Supplemental S-DVI, you must file VA Form 29-0188 Application for Supplemental Service Disabled Veterans (RH) Life Insurance or send a letter requesting this insurance over your signature. You must apply for the coverage within one year from being notified by VA of your S-DVI premium waiver.


This page last updated on 03/23/14.
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