Tag: ServiceDisabled

Service-Disabled Veterans Insurance (S-DVI) – Life Insurance

Service-Disabled Veterans Insurance (S-DVI)

What is S-DVI?

The Service-Disabled Veterans Insurance (S-DVI) program was established in 1951 to meet the insurance needs of certain Veterans with service-connected disabilities. S-DVI is available in a variety of permanent plans as well as term insurance. Policies are issued for a maximum face amount of $10,000.

Who Can Apply for S-DVI?

You can apply for S-DVI if you meet the following 4 criteria:

  1. You were released from active duty under other than dishonorable conditions on or after April 25, 1951.
  2. You were rated for a service-connected disability (even if only 0%).
  3. You are in good health except for any service-connected conditions.
  4. You apply within 2 years from the date VA grants your new service-connected disability.

Note: An increase in an existing service-connected disability or the granting of individual unemployability of a previously rated condition does not entitle a Veteran to this insurance.

Follow this

Read More