The new rule directs the agency to award the higher of two eligible survivor benefits without developing both claims. The U.S. Department of Veterans Affairs (VA) announced a…
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Labor Department Issues New Guidance for Maritime Workers’ Compensation Insurance
Updated rules clarify security requirements under federal law. The U.S. Department of Labor (DOL) published new guidance outlining how insurers’ required security deposits will be calculated under the…
Read MoreMilitary and Veteran Life Insurance Premiums Set to Decrease
Lower costs for service members, families, and veterans begin July 1. Starting July 1, life insurance premiums will decrease for service members, veterans, and their families. Service Members’…
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VA to Reduce Life Insurance Premiums for Veterans, Service Members, and Families
Over 3 million insured individuals to benefit from premium discounts starting in 2025. The Department of Veterans Affairs (VA) will reduce life insurance premiums for over three million…
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Senate Committee Chair Critiques Billionaire Life Insurance Plans
Senator Wyden decries the expense plans acting as legal tax havens for the ultra-wealthy. The Senate Finance Committee released a report this week after an 18-month investigation into…
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VA Launches New Life Insurance Program January 1
Up to $40,000 in life insurance is guaranteed for all applicants. The Department of Veterans Affairs (VA) announced the launch of its new life insurance for veterans, VALife.…
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Veterans Utilize Instant Loan Approval
More than 41% of loans against life insurance have been processed through updated VA technology. The Department of Veterans Affairs implemented its Instant Loan Approval service as part…
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