Disabled Veterans’ Life Insurance: TSGLI Benefits

Posted on February 15, 2016 by Disability Help Group

The regular Servicemembers’ Group Life Insurance (SGLI) has a special rider to provide additional coverage for traumatic injuries. Known as the Traumatic Injury Protection Under Servicemembers’ Group Life Insurance (TSGLI) program, this rider will provide payments to servicemembers  who suffer severe injury, either on or off duty, from a traumatic event. The payments help the servicemembers and their families with the financial burdens that can arise from a traumatic injury.

Coverage can be provided from $25,000 to up to $100,000, depending on the type of losses suffered. To apply, an injured servicemember must be insured by SGLI already at the time of injury unless they were injured between October 7, 2001 and November 30, 2005. Coverage is automatically provided for those already covered by SGLI benefits and cannot be declined.

There are many types of losses covered under TSGLI benefits and each loss will have a specific coverage value. For example, a traumatic injury that results in the loss of sight in both eyes or hearing in both ears can pay up to $100,000 in benefits.

There are other qualifications for TSGLI benefits that are more detailed and lengthy, which can best be explained by consulting with a veterans’ disability representative.

If you are a disabled veteran who has been denied disability compensation or have not yet applied for benefits from the Department of Veterans Affairs, 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.