Browsing: military

The Fairness for Servicemembers and their Families Act, sponsored by Senators John Cornyn, Maggie Hassan, Ted Cruz, and Angus King, among others, has passed the House of Representatives. The bill aims to ensure that life insurance packages for service members and veterans keep pace with inflation.

Effective July 1, lower life insurance costs will benefit those who have served and their families.

Premiums for life insurance programs for service members, their families, and veterans will be reduced, starting July 1.

Service members, veterans, and their families will see reduced premiums for life insurance, as announced by the Department of Veteran Affairs. Effective July 1, the changes reflect the sound financial standing of these insurance programs.

Senators and Representatives introduce legislation to ensure military life insurance keeps pace with the rising cost of living and inflation.