S. 385In committeeSecurity & foreign affairs
VA ordered to review $500,000 life insurance cap every five years starting 2026
Data as of July 11, 2026
S 385 requires the VA to review the $500,000 SGLI/VGLI coverage cap every 5 years against inflation, starting Jan. 1, 2026.50-second read · 4 questions answered below
Decoded
What does this do?
Senate Bill 385 requires the VA Secretary to review the $500,000 maximum coverage limit for Servicemembers' Group Life Insurance and Veterans' Group Life Insurance every five years, beginning January 1, 2026. The review compares the current cap to what $500,000 would be worth after adjusting for inflation using the Consumer Price Index. The review does not automatically raise the limit; the Secretary must instead report findings to the Veterans' Affairs committees in both the House and Senate.
Who does it affect?
The bill affects active-duty service members enrolled in SGLI, veterans enrolled in VGLI, and their families who would receive insurance payouts. It also places a new reporting responsibility on the Department of Veterans Affairs.
Why does it matter?
The $500,000 maximum has not been regularly updated to keep pace with inflation, which is the stated basis for requiring periodic reviews. Congressional committees could use the reports to decide whether to raise the coverage cap to better reflect current cost of living.
Where does it stand?
- Introduced
- Senate committee — You are here
- Senate vote
- House
- President's desk
Right now: a Senate committee is reviewing it. If the House changes it, it goes back to the Senate before reaching the President.
AI-drafted summary. Verify it against the official text before you act on it.
Three steps: where you stand, your script, the call.
Make the callSee how a call works
Official title
Fairness for Servicemembers and their Families Act of 2025
- Introduced:
- February 4, 2025
- Latest action:
- February 4, 2025
Read twice and referred to the Committee on Veterans' Affairs.
Read the official bill on Congress.govMake the call
Three steps: where you stand, your script, the call.