Armed Forces News

The Department of Veterans Affairs has announced that during 2005 it will distribute more than $449

million in dividends to 1.4 million active policyholders of veterans’ life insurance. Veterans will

automatically receive payments on the anniversary date of their policies, with the specific dividend

amount varying according to age, type of insurance, and length of time the policy has been in force.

Dividends cover only veterans with government life insurance policies who served between 1917 and

1956, and whose policies have been kept in force. Inaccurate notices periodically surface in the

veterans community suggesting that those who have not maintained insurance are eligible for a special

dividend if they contact VA, but this is false says the VA. Veterans with questions may call the VA

Insurance toll-free number at 1-800-669-8477, may send an e-mail to

href=”mailto:[email protected]”>[email protected], or may visit

href=”http://www.insurance.va.gov” target=”_blank”>www.insurance.va.gov.