Veterans Life Insurance (VALife)

Veterans Life Insurance (VALife)

Veterans Life Insurance (VALife) provides guaranteed acceptance whole life insurance coverage up to $40,000 to veterans with service-related disabilities. Lesser amounts are available in increments of $10,000. Under this plan, the coverage chosen becomes effective two years after enrollment, provided that the premiums are paid within the two-year period.

Important dates for VALife and S-DVI

The VALife program includes key dates and features that are important to know. They include changes that impact the Disabled Veterans Insurance (S-DVI) program. Click here to SEE IMPORTANT STEPS.


All veterans age 80 and under who have a VA disability rating of 0-100% are eligible for the VALife program and have no time limit to apply. Veterans age 81 or older who applied for VA disability compensation before age 81, but did not receive the note for a new service-related condition until after reaching age 81 are also eligible if they apply within two years of their grade.

Type of coverage

The VALife program offers guaranteed acceptance coverage for life. Under this type of cover, the sum insured takes effect two years after the date of entry provided that the premiums are paid during the two-year period. This two-year waiting period replaces the need for medical underwriting. If the insured dies during this two-year period, the beneficiary will receive all premiums paid plus interest.


The premium rate (the amount you will pay monthly or annually for your coverage) depends on your age and the amount of coverage you choose. Premiums for VALife are fixed and based on your age when you sign up. Click here to LEARN MORE ABOUT PREMIUM COSTS.

Can bonuses be cancelled?

There is no premium waiver for the VALife program.

How to register?

VALife will become effective on January 1, 2023. The application will be available on our website at that time. In the meantime, you can SIGN UP FOR FUTURE EMAIL UPDATES ON VALIFE to stay informed.

See previous quarterly bulletins.

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