Service-Disabled Veterans Insurance (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. Veterans may choose from a number of plans as well as term insurance that best meets their particular needs. Policies are issued for a maximum face amount of $10,000. Those who qualify for S-DVI and are granted a waiver of premium may be eligible for Supplemental S-DVI with a face amount of up to an additional $30,000.
S-DVI program stopped taking new applications on December 31, 2022.
The VA launched a new life insurance program in January 2023 called Veterans Affairs Life Insurance (VALife), which provides guaranteed acceptance whole life insurance coverage to Veterans age 80 and under, with any level of service-connected disability. Some Veterans age 81 and older may also be eligible.
Can I apply for VALife if I have S-DVI?
If you have S-DVI, you can apply for VALife. If you apply before December 31, 2025, you can keep S-DVI during the initial two year enrollment period for VALife. Your S-DVI (including policies with premium waivers) will end when your full VALife coverage starts. You must pay premiums for both policies during the two-year waiting period.
If you apply for VALife on or after January 1, 2026, your S-DVI (including policies with premium waivers) will end the day we approve your VALife application. You will need to pay only VALife premiums during the two-year waiting period. But you will not have full coverage during this time.
Do I have to switch to VALife?
No, you may remain in the S-DVI program.
Note: VALife does not offer premium waivers. If you have a waiver for S-DVI premiums, your waiver will not transfer to VALife.
FALLS CHURCH, VA, December 7, 2023 - Are you enrolled in or eligible for a TRICARE Prime or TRICARE Select plan? During TRICARE Open Season, you may be eligible to change plans or enroll in a plan for 2024. It’s important to understand your plan options so you can choose the right coverage for your family. That’s because open season may be your only chance to change your plan for next year, unless you have a Qualifying Life Event.
FALLS CHURCH, VA, December 5, 2023 - Have you reviewed your TRICARE coverage for 2024? Now is the time. Why now? Because TRICARE Open Season ends Tuesday, Dec. 12. Open season may be your only chance to enroll in TRICARE coverage or change your health plan for 2024.