Disabled Veterans’ Life Insurance: SGLI тАУ Disability Extension Benefits

Posted on February 15, 2016 by Disability Help Group

The Department of Veterans Affairs (VA) offers a main type of life insurance benefit known as the Servicemembers’ Group Life Insurance (SGLI). For disabled servicemembers, this benefit also has an additional accommodation for them known as the Disability Extension.

SGLI works to cover servicemembers during their active military duty and typically must be converted over to the Veterans’ Group Life Insurance program to continue coverage when they are discharged; however, when a servicemember becomes disabled during his or her active or reserve duty and is released from service they may continue coverage through the SGLI Disability Extension.

For up to 2 years following their discharge, a disabled veteran can continue the level of coverage they had during service at no additional cost. To qualify, a veteran must be considered totally disabled and unable to work or suffer from one of the following conditions: 

  • permanent loss of both hands, feet, or eyes.
  • permanent loss of a hand and a foot;
  • permanent loss of a foot and a eye;
  • permanent loss of a hand and a eye;
  • complete loss of hearing in both ears; or
  • loss of speech without ability to use a synthetic device to reproduce voice.

There are many choices a discharged servicemember has for life insurance when they are ending their military career, along with many other disability benefits to help veterans and their families retain a normal, healthy life.

If you are a disabled veteran who has been denied disability compensation or have not yet applied for benefits from the VA, a South Florida disability representative from Disability Help Group is ready to help. To learn if you are entitled to certain programs and benefits contact our associates today 1-(800)-800-3332.