SGT. SHAFT: Vet could be eligible for compensation because of Agent Orange
• The Department of Veterans Affairs announced that under the Veterans’ Benefits Act of 2010 the maximum amount of Veterans Mortgage Life Insurance (VMLI) will be increased from $90,000 to $150,000, effective Oct. 1, 2011. After Jan. 1, 2012, the maximum coverage will further increase from $150,000 to $200,000.
VMLI is issued to severely disabled veterans and service members whose movement or vision is impaired because of their disabilities and who have received grants for specially adapted housing from VA.
VMLI coverage offers three options for policy holders: They may (1) retain their pre-October VMLI coverage and decline the increased coverage and premium, 2) accept the maximum amount of VMLI coverage for which they are eligible, or (3) select a different amount of VMLI coverage. Coverage may not exceed the maximum allowed by law, or their mortgage balance, whichever is less.
All policyholders will be automatically covered for $150,000 or their mortgage amount, whichever is lower, between Oct. 1 and Jan. 1, 2012, with no increase in their premium for this period. After Jan. 1, 2012, coverage will increase to the maximum amount for which the policyholder is eligible unless a different level of coverage is elected. Premiums for the new level of coverage will be deducted from VA compensation checks beginning in February 2012.
Only policyholders can access the site by entering a personal identification number included in their notification letter which was sent out in September by the VA. Once an online request is submitted, an electronic workflow task is automatically generated, authorizing immediate processing.
Effective July 30, 2008, the program was expanded to also offer coverage to disabled active duty service members, and also service members and veterans who suffer from severe burn injuries.
• Send letters to Sgt. Shaft, c/o John Fales, P.O. Box 65900, Washington, D.C. 20035-5900; fax 301/622-3330, call 202/257-5446 or email email@example.com.
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