What life insurance options are available to Nevada veterans?

Nevada has one of the highest per-capita veteran populations in the United States, and veterans have access to both federal VA life insurance programs and commercial life insurance products.

Service members leaving active duty have 120 days to convert their SGLI (Servicemembers' Group Life Insurance) to VGLI (Veterans' Group Life Insurance) without underwriting. VGLI offers renewable term coverage but premiums increase with age and can become expensive in later decades. After the 120-day window, underwriting is required for VGLI.

Survivors Benefit Plan (SBP) provides income to surviving spouses of retired service members, but it is not life insurance and should not be relied upon as the sole coverage. Most veterans benefit from supplementing VA programs with commercially purchased individual life insurance.

Many veterans—particularly those with service-connected disabilities—qualify for standard or preferred commercial underwriting if their conditions are well-managed. Some carriers view military service favorably in underwriting. Combat-related PTSD and TBI can affect applications but are often insurable with the right carrier.

Agents in our network have experience placing coverage for Nevada veterans and can identify carriers with the most veteran-friendly underwriting guidelines.