29 Sep 2025
💰VA Update on Servicemembers’ Group Life Insurance Benefits
Servicemembers’ Group Life Insurance and Veterans’ Group Life Insurance-Accelerated Benefit Option Regulation Update
Summary
The Department of Veterans Affairs (VA) amends its regulations governing Servicemembers' Group Life Insurance (SGLI), Family SGLI (FSGLI), and Veterans' Group Life Insurance (VGLI) to allow an alternate applicant to apply for an Accelerated Benefit in certain circumstances. VA also defines key terms and removes contact information and the reproduction of the Accelerated Benefit application form from the text of the regulations.
Agencies
- Veterans Affairs Department
Business Impact
$$ - Med
The regulation modifies the requirements for applying for Accelerated Benefits under SGLI and VGLI, allowing alternate applicants under certain conditions. This affects how businesses manage employee benefits and could influence insurance policy decisions for veterans and servicemembers.