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117-s-2794117th Congress

Supporting Families of the Fallen Act

Sponsored By: Senator Tuberville, Tommy [R-AL]

Became Law

Summary

Increases automatic life-insurance maximum to $500,000 for service members and veterans. This law raises the automatic maximum coverage under Servicemembers' Group Life Insurance and Veterans' Group Life Insurance from $400,000 to $500,000. The increase takes effect the later of 60 days after enactment or the date the Secretary of Veterans Affairs determines the higher coverage and premiums are administratively and actuarially sound and that the programs will not operate at a loss. The Secretary must make that financial viability finding before the new maximum applies.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Higher life insurance for service members and veterans

The law raises the automatic maximum for group life insurance to $500,000, up from $400,000. It applies to Servicemembers' Group Life Insurance and Veterans' Group Life Insurance. The change takes effect on the later of 60 days after enactment or when the VA Secretary finds the higher amount and its premiums are sound and will not cause losses. Once effective, families can receive up to $500,000 if the insured dies while covered.

Sponsors & CoSponsors

Sponsor

Tuberville, Tommy [R-AL]

AL • R

Cosponsors

  • Sen. Cramer, Kevin [R-ND]

    ND • R

    Sponsored 9/22/2021

  • Sen. Scott, Rick [R-FL]

    FL • R

    Sponsored 9/22/2021

  • Sen. Braun, Mike [R-IN]

    IN • R

    Sponsored 9/22/2021

  • Sen. Barrasso, John [R-WY]

    WY • R

    Sponsored 9/22/2021

  • Sen. Lummis, Cynthia M. [R-WY]

    WY • R

    Sponsored 9/22/2021

  • Sen. Wicker, Roger F. [R-MS]

    MS • R

    Sponsored 9/23/2021

  • Sen. Cornyn, John [R-TX]

    TX • R

    Sponsored 9/28/2021

  • Sen. Rounds, Mike [R-SD]

    SD • R

    Sponsored 9/29/2021

Roll Call Votes

All Roll Calls

Yes: 425 • No: 0

house vote • 9/29/2022

On Motion to Suspend the Rules and Pass

Yes: 425 • No: 0

View on Congress.gov
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