Veterans Affairs Life Insurance (VALife) provides low-cost coverage to Veterans with service-connected disabilities. Find out if you’re eligible and how to apply.
You’re eligible for VALife if you have a VA service-connected disability rating—even if your rating is 0%.
There’s no time limit to apply after getting your disability rating.
You may be eligible for VALife if you meet these requirements.
All of these must be true:
You can check your eligibility and apply online right now. Each month or each year, you’ll pay a certain amount to keep your coverage. We call this your premium. When you apply, you’ll need to submit your first premium payment.
You can get these benefits:
Note: VALife doesn’t offer loans.
VALife is guaranteed acceptance whole life insurance. This means that if you meet the eligibility requirements for VALife, we’ll automatically approve your application. You won’t need to prove you’re in good health. And you can keep your coverage for the rest of your life.
For more information about VALife, you can play our VALife video.
Your full life insurance coverage starts 2 years after you apply. You must pay the premiums during those 2 years.
If you die during the 2-year waiting period, we’ll pay your beneficiaries the total amount you paid in premiums, plus interest.
If you die after the 2-year waiting period, we’ll pay your beneficiaries the full coverage amount of your policy.
Note: Beneficiaries are the people you pick to get the money from your life insurance policy if you die.
Your premium depends on your age when you apply and the amount of coverage you want. Your premium rate will never increase as long as you keep your VALife policy.
If more than 6 months have passed since your last birthday, we consider you 1 year older when determining your premium rate. For example, if you’re 59 years and 6 months and 1 day old, you’ll pay the rate for age 60.
Note: VALife doesn’t offer premium waivers.
Select your age to review VALife monthly premium rates.
Age when you apply Monthly premium rate for $10,000 coverage (in U.S. $) Monthly premium rate for $20,000 coverage (in U.S. $) Monthly premium rate for $30,000 coverage (in U.S. $) Monthly premium rate for $40,000 coverage (in U.S. $) 18 10.90 21.80 32.70 43.60 19 11.10 22.20 33.30 44.40 20 11.40 22.80 34.20 45.60 21 11.70 23.40 35.10 46.80 22 12.10 24.20 36.30 48.40 23 12.40 24.80 37.20 49.60 24 12.80 25.60 38.40 51.20 25 13.20 26.40 39.60 52.80 26 13.60 27.20 40.80 54.40 27 14.00 28.00 42.00 56.00 28 14.40 28.80 43.20 57.60 29 14.90 29.80 44.70 59.60 30 15.40 30.80 46.20 61.60
Age when you apply Monthly premium rate for $10,000 coverage (in U.S. $) Monthly premium rate for $20,000 coverage (in U.S. $) Monthly premium rate for $30,000 coverage (in U.S. $) Monthly premium rate for $40,000 coverage (in U.S. $) 31 15.90 31.80 47.70 63.60 32 16.40 32.80 49.20 65.60 33 17.00 34.00 51.00 68.00 34 17.60 35.20 52.80 70.40 35 18.30 36.60 54.90 73.20 36 18.90 37.80 56.70 75.60 37 19.60 39.20 58.80 78.40 38 20.40 40.80 61.20 81.60 39 21.10 42.20 63.30 84.40 40 22.00 44.00 66.00 88.00
Age when you apply Monthly premium rate for $10,000 coverage (in U.S. $) Monthly premium rate for $20,000 coverage (in U.S. $) Monthly premium rate for $30,000 coverage (in U.S. $) Monthly premium rate for $40,000 coverage (in U.S. $) 41 22.80 45.60 68.40 91.20 42 23.70 47.40 71.10 94.80 43 24.60 49.20 73.80 98.40 44 25.60 51.20 76.80 102.40 45 26.60 53.20 79.80 106.40 46 27.70 55.40 83.10 110.80 47 28.80 57.60 86.40 115.20 48 30.00 60.00 90.00 120.00 49 31.20 62.40 93.60 124.80 50 32.50 65.00 97.50 130.00
Age when you apply Monthly premium rate for $10,000 coverage (in U.S. $) Monthly premium rate for $20,000 coverage (in U.S. $) Monthly premium rate for $30,000 coverage (in U.S. $) Monthly premium rate for $40,000 coverage (in U.S. $) 51 33.90 67.80 101.70 135.60 52 35.30 70.60 105.90 141.20 53 36.90 73.80 110.70 147.60 54 38.40 76.80 115.20 153.60 55 40.10 80.20 120.30 160.40 56 41.90 83.80 125.70 167.60 57 43.70 87.40 131.10 174.80 58 45.70 91.40 137.10 182.80 59 47.70 95.40 143.10 190.80 60 50.00 100.00 150.00 200.00
Age when you apply Monthly premium rate for $10,000 coverage (in U.S. $) Monthly premium rate for $20,000 coverage (in U.S. $) Monthly premium rate for $30,000 coverage (in U.S. $) Monthly premium rate for $40,000 coverage (in U.S. $) 61 52.30 104.60 156.90 209.20 62 54.60 109.20 163.80 218.40 63 56.90 113.80 170.70 227.60 64 59.40 118.80 178.20 237.60 65 62.00 124.00 186.00 248.00 66 64.80 129.60 194.40 259.20 67 67.80 135.60 203.40 271.20 68 70.90 141.80 212.70 283.60 69 74.40 148.80 223.20 297.60 70 78.00 156.00 234.00 312.00
Age when you apply Monthly premium rate for $10,000 coverage (in U.S. $) Monthly premium rate for $20,000 coverage (in U.S. $) Monthly premium rate for $30,000 coverage (in U.S. $) Monthly premium rate for $40,000 coverage (in U.S. $) 71 81.80 163.60 245.40 327.20 72 85.80 171.60 257.40 343.20 73 90.10 180.20 270.30 360.40 74 94.70 189.40 284.10 378.80 75 99.50 199.00 298.50 398.00 76 104.60 209.20 313.80 418.40 77 109.90 219.80 329.70 439.60 78 115.60 231.20 346.80 462.40 79 121.40 242.80 364.20 485.60 80 127.50 255.00 382.50 510.00
Note: If you’re age 81 or older, you’re only eligible for VALife in certain cases.
Age when you apply Monthly premium rate for $10,000 coverage (in U.S. $) Monthly premium rate for $20,000 coverage (in U.S. $) Monthly premium rate for $30,000 coverage (in U.S. $) Monthly premium rate for $40,000 coverage (in U.S. $) 81 133.80 267.60 401.40 535.20 82 140.40 280.80 421.20 561.60 83 147.40 294.80 442.20 589.60 84 154.70 309.40 464.10 618.80 85 162.60 325.20 487.80 650.40 86 171.10 342.20 513.30 684.40 87 180.40 360.80 541.20 721.60 88 190.90 381.80 572.70 763.60 89 202.90 405.80 608.70 811.60 90 217.00 434.00 651.00 868.00 91 234.30 468.60 702.90 937.20 92 256.40 512.80 769.20 1,025.60 93 287.40 574.80 862.20 1,149.60 94 337.00 674.00 1,011.00 1,348.00 95 442.00 884.00 1,326.00 1,768.00
Select your age to review VALife yearly premium rates.