Regular checks on life insurance for servicemembers and veterans would be required
This bill would make the Department of Veterans Affairs regularly check the highest life insurance amounts for servicemembers and veterans. Starting in 2026, these checks would happen every five years. This would help make sure the insurance keeps up with rising costs and stays fair for military families.
Currently, the Department of Veterans Affairs is not required to regularly review the maximum coverage amounts for Servicemembers' Group Life Insurance and Veterans' Group Life Insurance. If this bill becomes law, the VA would be required to conduct these reviews every five years, starting January 1, 2026. These reviews would compare current coverage to an inflation-adjusted $500,000 benchmark and report the findings to Congress.
HR 970 · 119th Congress · February 4, 2025 · AI Summary by gemini-2.5-flash · 10/10
Sign in to see your representatives' phone numbers
2 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.