S. 2794: Supporting Families of the Fallen Act

CBO Score

$13 million

Date of Report

Tue February 1st, 2022

CBO Report Details

Legislation Details

117th Congress

To amend title 38, United States Code, to increase automatic maximum coverage under the Servicemembers’ Group Life Insurance program and the Veterans’ Group Life Insurance program, and for other purposes.

Sponsor: Sen. Thomas Tuberville — R — AL

Increases the maximum amount of Servicemembers Group Life Insurance (SGLI) that a service member may carry from $400,000 to $500,000. The bill would similarly increase the maximum coverage amount available to veterans through the Veterans’ Group Life Insurance (VGLI) program. The Department of Veterans Affairs (VA), the administrator of both programs, would be required to confirm that the programs remain actuarially sound after the increases to the maximum coverage amounts and premiums.

View the full vote history of this bill on GovTrack.us.

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