Traumatic injury payments begin under new VA insurance program
American troops and their families now have more financial security, thanks to the VA’s new Servicemembers’ Group Life Insurance Traumatic Injury Protection program. Prudential Financial, Inc., the insurer under the program, has begun making payments under this new program.
The payments, ranging from $25,000 to $100,000, are made to service members who have suffered certain traumatic injuries while on active duty.
The new insurance program is designed to provide financial help to military families through extended periods of medical care and healing. Benefits are also payable retroactively to Oct. 7, 2001, for service members and veterans who suffered certain traumatic injuries while serving in Operation Enduring Freedom or Operation Iraqi Freedom.
Officials with VA and the Department of Defense are continually working to identify eligible service members and veterans. Veterans with eligibility questions can call the Office of Servicemembers’ Group Life Insurance at 1-800-419-1473 for more information.
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