Policyholders to receive $414 million
Does the Department of Veterans Affairs pay insurance dividends on VA insurance policies?
Answer: The VA will disburse some $414 million in VA insurance dividends to more than 1.2 million policyholders in 2006. Those receiving dividend checks are policyholders who served in the military between 1917 and 1956. One million veterans holding National Service Life Insurance ("V") policies will receive payments totaling $322.6 million. More than 186,000 Korean War-era vets with Veterans Special Life ("RS" and "W") policies will receive $79.1 million. Some 45,000 WWII-era vets with Veterans Reopened Insurance ("J," "JR" and "JS") policies will share $11.4 million. Another 8,600 veterans who served between WWI and 1940 and hold U.S. Government Life Insurance ("K") policies will be paid $1.2 million. For information, call the VA at (800) 669-8477; e-mail firstname.lastname@example.org; or access the Web site www.insurance.va.gov.
Q: Is the VA is teaming up with the National Guard to assist soldiers returning from combat tours?
A: Yes. A National Guard benefits adviser is located at the Hawaii National Guard Diamond Head facilities. The counselor will provide materials on VA benefits, compensation, education, vocational rehabilitation, life insurance, home loans and burial benefits. For information, contact the Hawaii State Office of Veterans Affairs at 433-0420.
If you have questions about your benefits as a veteran, call Fred Ballard at the Veterans Affairs at 433-0049 or visit the VA Web site at www.va.gov/hawaii
or the Star-Bulletin at 529-4747.