We reviewed and compared ratings, plans, and requirements from the best life insurance companies for veterans. This list will help you find the policy that fits your needs.
Mary is a journalist with 14+ years of professional writing experience, her work has been published internationally by Forbes, HuffPost, Business Insider, The Points Guy, AOL, and SheKnows. She is an expert on small business and personal finance.
Samantha Silberstein is a Certified Financial Planner, FINRA Series 7 and 63 licensed holder, State of California life, accident, and health insurance licensed agent, and CFA. She spends her days working with hundreds of employees from non-profit and higher education organizations on their personal financial plans.
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Active-duty military personnel are eligible to receive up to $400,000 in life insurance coverage offered through Servicemembers’ Group Life Insurance (SGLI) and that benefit continues for 120 days after leaving military service. Within 120 days of leaving service, you have the option to convert your current SGLI policy into a civilian one. Additionally, life insurance companies for veterans offer specially designed policies.
The best life insurance companies for veterans have positive ratings and reviews and a history of serving veterans and their families. They also offer multiple different policy types including whole life policies, and have exclusions for things like PTSD and mental health issues.