Payments for Traumatic Injuries Begin Under New VA Insurance Program
Since 12-21-05
From:
Waspscpo@aol.com [mailto:Waspscpo@aol.com]
Sent: Wednesday, December 21, 2005 8:00 AM
To: undisclosed-recipients:
Subject: Payments for Traumatic Injuries Begin Under New VA Insurance
Program
News release from the Department of Veterans Affairs
Payments for Traumatic Injuries Begin Under New VA Insurance Program
December 20, 2005
WASHINGTON – American troops and their families now have more financial
security, thanks to the Department of Veterans Affairs’ (VA) new Servicemembers’
Group Life Insurance Traumatic Injury Protection (TSGLI) program. Prudential
Financial Inc., the insurer under the program, began making payments under this
new program. The TSGLI payments, ranging from $25,000 to $100,000, are made to
service members who have suffered certain traumatic injuries while on active
duty.
The new insurance program became effective December 1, 2005, and is designed to
provide financial help to military families through extended periods of medical
care and healing. Benefits are also 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.
“Injured service members should be able to focus on their recovery and
adjustment back to military or civilian life, as well as spending time with
their families,” said the Honorable R. James Nicholson, Secretary of Veterans
Affairs. “This new insurance program will help families focus on what’s most
important without having to worry about financial difficulties.
”Officials with VA and the Department of Defense are continually working to
identify eligible service members and veterans. Nicholson urged veterans with
eligibility questions to visit VA’s website at
www.insurance.va.gov or to call the Office of Servicemembers’ Group Life
Insurance at 1-800-419-1473 for more information.
The Department of Veterans Affairs administers one of the largest insurance
programs in the United States, providing coverage for active duty and reserve
military personnel, veterans, and their families, supervising programs that
include more than seven-and-a-half million policies with a face value of more
than $1.1 trillion of insurance benefits.
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Contributed,
YNCS Don Harribine, USN(ret)
Any
man or woman who may be asked in this century what they did to make life
worthwhile in their lifetime....can respond with a great deal of pride and
satisfaction, "I served a career in the United States Navy."