steven
June 27th, 2006, 04:52 PM
Legislation to help servicemembers and veterans with their housing and other benefit needs was signed into law Thursday, June 15.
I am very pleased that this legislation, S. 1235, the 'Veterans' Housing Opportunity and Benefits Act of 2006' was adopted with unanimous support in both the House and Senate," said the bill’s sponsor, U.S. Senator Larry Craig, who chairs the U.S. Senate Committee on Veterans’ Affairs.
Provisions of this legislation will help improve the lives of servicemembers returning from the Global War on Terrorism, especially those who have severe disabilities
Among its many provisions is one which authorizes VA to make grants available to assist with housing adaptations at a family member's home in which a severely disabled servicemember is temporarily residing...
The grants range from between $2,000 and $14,000
The legislation will also allow servicemembers, those who have been legally determined to be totally disabled at the time of their separation from the military, to have up to two years from their separation date to apply for premium-free Servicemembers' Group Life Insurance coverage. More importantly, the legislation will enable them to convert their coverage to Veterans' Group Life Insurance, or an individual plan or policy, during the same two-year period.
Taking advantage of the conversion option is especially critical for totally disabled servicemembers who, because of their disabilities, may not be insurable at competitive commercial rates after military service[/FONT]," Craig said.
http://www.veteranstoday.com/article1359.html
I am very pleased that this legislation, S. 1235, the 'Veterans' Housing Opportunity and Benefits Act of 2006' was adopted with unanimous support in both the House and Senate," said the bill’s sponsor, U.S. Senator Larry Craig, who chairs the U.S. Senate Committee on Veterans’ Affairs.
Provisions of this legislation will help improve the lives of servicemembers returning from the Global War on Terrorism, especially those who have severe disabilities
Among its many provisions is one which authorizes VA to make grants available to assist with housing adaptations at a family member's home in which a severely disabled servicemember is temporarily residing...
The grants range from between $2,000 and $14,000
The legislation will also allow servicemembers, those who have been legally determined to be totally disabled at the time of their separation from the military, to have up to two years from their separation date to apply for premium-free Servicemembers' Group Life Insurance coverage. More importantly, the legislation will enable them to convert their coverage to Veterans' Group Life Insurance, or an individual plan or policy, during the same two-year period.
Taking advantage of the conversion option is especially critical for totally disabled servicemembers who, because of their disabilities, may not be insurable at competitive commercial rates after military service[/FONT]," Craig said.
http://www.veteranstoday.com/article1359.html