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Is there insurance for traumatic injuries?

Published 02/02/2006 05:33 PM   |    Updated 01/06/2011 03:28 PM
Is there any kind of insurance available to veterans who suffer traumatic injuries?
VA's new Servicemembers' Group Life Insurance Traumatic Injury Protection
(TSGLI) program adds to the financial security of America's fighting
force. Prudential Financial Inc., the program's insurer, is making
payments under this new program, ranging from $25,000 to $100,000, to
service members who have suffered certain traumatic injuries while on
active duty. The insurance program started December 1, 2005, and is
designed to provide financial help to military families through extended
periods of medical care and healing. Benefits are payable retroactively
to October 7, 2001 for service members and veterans who suffered certain
traumatic injuries while serving in Operation Enduring Freedom or
Operation Iraqi Freedom. VA and the Department of Defense are working to
identify eligible service members and veterans. Eligibility information
is available at www.insurance.va.gov or by calling the Servicemembers'
Group Life Insurance office at 1-800-419-1473.