Veterans Mortgage Life Insurance (VMLI)

Veterans Mortgage Life Insurance (VMLI) is a program that provides mortgage life insurance to severely disabled Veterans and Service members. Effective July 30, 2008, VMLI was extended to disabled active duty Service members and Service members and Veterans who suffer from a severe burn injury. It provides up to $200,000 mortgage life insurance payable only to the mortgage holder in the event of the Veterans or Service members death.