Yes, eligible Veterans, service members, and covered spouses of service members can get acclerated benefits and you can get up to 50% of face value of your coverage in increments of $5,000 paid to you before your death.
What must be true for me and my spouse to get accelerated benefits for terminally ill policyholders.
Do you have SGLI, Family SGLI, or VGLI life insurance?
Yes, I have SGLI, Family SGLI, and VGLI life insurance.
Is you or your covered spouse have a written statement from a doctor saying you have or your spouse has 9 months or less to live?
Yes we have a written statement from a doctor saying I have 9 months to live.
Then you are eligible because you have both requirements for accelerated benefits for terminally ill policyholders.
What about downloading the VA Form 29-357 PDF?
Yes, you are to download the VA Form 29-357 as PDF.
Can I learn more about VA life insurance?