Veteran Forward HQ Resources
Insurance Review Worksheet
Audit your protection strategy to ensure your family's mission continues even if you're gone.
Section 1 — Life Insurance Inventory
Veterans often have a mix of VGLI, S-DVI, and private policies. Record all of them here to see your total coverage amount.
| Provider / Type (VGLI, etc.) | Policy # | Coverage ($) | Beneficiary | Monthly Premium ($) |
|---|---|---|---|---|
Section 2 — Other Essential Coverage
Life insurance isn't the only protection you need. Review your LTC, disability, and umbrella policies.
| Type | Provider | Coverage Amount / Benefit | Renewal Date | Premium ($) |
|---|---|---|---|---|
| Long-Term Care (LTC) | ||||
| Disability (Private/Employer) | ||||
| Homeowners / Renters | ||||
| Auto Insurance | ||||
| Umbrella (Liability) |
Section 3 — Beneficiary Audit
Beneficiary designations override your will. If your life insurance still lists an ex-spouse or a deceased relative, that is where the money will go.
| Policy / Account | Primary Beneficiary | Contingent Beneficiary | Matches Wishes? |
|---|---|---|---|
Section 4 — The 14-Year Oversight
Daniel, a Marine veteran, assumed his 'estate was in order' because he had a will. During a review, he looked at his old S-DVI policy he'd kept since separation.
To his horror, he realized his ex-wife, whom he'd divorced 14 years ago, was still the sole primary beneficiary. His current wife of 10 years and their two children would have received nothing from that policy.
'It took five minutes to change it online,' Daniel said, 'but those five minutes saved my family from a disaster I wouldn't have been around to fix. Check your beneficiaries. Do it today.'
- •Review your insurance every time you have a major life event (marriage, birth, divorce, home purchase).
- •Ensure your beneficiaries know where the 'Dec Pages' (Declaration Pages) are kept.
- •Compare your VGLI rates to private term life insurance; as you age, VGLI can become significantly more expensive.