Veterans’ Benefits: Current Life Insurance Programs
"The Department of Veterans Affairs (VA) administers and supervises several life insurance
programs for active servicemembers and veterans. The VA supervises the Servicemembers’ Group
Life Insurance (SGLI) and Veterans’ Group Life Insurance (VGLI) programs, which are
administered by the Office of Servicemembers’ Group Life Insurance (OSGLI), a division of
Prudential Financial. The Service-Disabled Veterans’ Insurance (S-DVI) program, on the other
hand, is administered entirely by the VA. Access to VA-administered life insurance programs
gives servicemembers and veterans, who may not be eligible for private life insurance policies,
the opportunity to carry group life insurance. This provides for their families in the event of the
servicemember’s or veteran’s death..."