Important changes are coming to VA Life Insurance programs. Veterans Affairs Life Insurance (VALife) is launching on January 1, 2023, as a new guaranteed acceptance whole life insurance program for service-connected Veterans. VA’s current offering for service-connected Veterans—Service-Disabled Veterans Life Insurance (S-DVI)—closes to new enrollment after December 31, 2022. Veterans currently enrolled in S-DVI may keep their coverage or switch to VALife.
While both VALife and S-DVI cover Veterans with any level of service-connected disability (0-100%), there are key program differences to consider before deciding which program is right for you.