Veterans Will Receive Three-Month Premium Holiday
The Department of Veterans Affairs will waive life insurance premiums for eligible veterans starting in November 2026.
Updated on Sept. 29, 2026 in Military
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Starting in November 2026, the Department of Veterans Affairs will provide a three-month premium holiday for participants in the Veterans' Group Life Insurance program. This initiative will automatically waive payments for more than 457,000 veterans through January 2027.
Why it matters
Strong financial performance within the VGLI program has enabled the agency to offer this relief. The move is expected to provide significant cost savings for policyholders across the United States.
The premium holiday covers 457,000 veterans, with projected total savings of nearly $150 million. Monthly premiums typically range from $30 to $2,200 depending on the individual veteran's age and specific coverage amount.
The players
Department of Veterans Affairs
The Department of Veterans Affairs is the federal cabinet-level agency responsible for providing vital services to U.S. military veterans.
The details
Veterans do not need to take any action, as the exemption will be applied automatically to all current, non-lapsed, and non-cancelled policies. Those who have already paid their premiums in advance for this period will receive policy credits or direct refunds.
Timeline
The premium holiday begins in November 2026.
The premium holiday concludes in January 2027.
Political Context
This premium holiday modifies the established administrative protocols of the Veterans' Group Life Insurance program. It functions as a targeted financial relief measure within the existing framework of federally managed military life insurance.
Veterans will see an immediate suspension of their typical monthly insurance costs, which average $110, without needing to file paperwork. Affected individuals should monitor their mail or email in the coming weeks for official notifications regarding their eligibility status.
The takeaway
This holiday provides a short-term financial reprieve for hundreds of thousands of veterans without requiring manual enrollment. Beneficiaries should verify their current policy status to ensure they remain eligible for this automatic premium waiver.
Further reading
For additional updates on service member benefits, visit the United States Military section.
Source note: This article includes information reported by Air Force Times.
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