New VA Life Insurance Launches in 2023

Starting January 1, 2023, Veterans can enroll in a new life insurance program from VA, VALife. This new whole life insurance program differ from the current Service-Disabled Veterans Life Insurance (S-DVI), and VA notes the following benefits of this new program:

  • Guaranteed acceptance whole life insurance up to $40,000, available in increments of $10,000.
  • Premiums will never increase for the life of the policy and are competitive with similar private sector offerings.
  • No medical requirements for enrollment. Due to the absence of medical requirements, there is a two-year waiting period for full coverage to take effect.
  • Cash value that builds over the life of the policy after the first two years of enrollment.
  • Fully automated online enrollment with instant approvals.
  • No deadline to apply for Veterans age 80 and under.

For more information on how to apply, as well as how to swap from S-DVI to VALife, visit to learn more.