Old 03-19-2017, 07:10 AM #1 (permalink)
DaChief's Avatar
Member
 
Join Date: 2016
City: West Melbourne
State: Florida
Country: US
Diagnosed: 12/2016
Interest: I have been diagnosed with ALS.
Posts: 182
DaChief is on a very distinguished roadDaChief is on a very distinguished road
DaChief DaChief is offline
Member
DaChief's Avatar
Join Date: 2016
City: West Melbourne
State: Florida
Country: US
Diagnosed: 12/2016
Interest: I have been diagnosed with ALS.
Posts: 182
DaChief is on a very distinguished roadDaChief is on a very distinguished road
Default Veterans Mortgage Life Insurance

What determines the effective date of the VMLI? I have the SAH benefit approved but when along the process will the insurance get approved? Do you actually have to start the construction? What happens if I were to kick the bucket 1 week into the construction? Would the VA still payout the insurance and the remainder of the SAH grant?
DaChief is offline  
Old 03-19-2017, 07:21 AM #2 (permalink)
maryhahnward's Avatar
Member
 
Join Date: 2009
City: Wilmington
State: NC
Country: US
Diagnosed: 06/2010
Interest: I am a caregiver for someone with ALS/MND.
Posts: 433
maryhahnward is on a very distinguished road
maryhahnward maryhahnward is offline
Member
maryhahnward's Avatar
Join Date: 2009
City: Wilmington
State: NC
Country: US
Diagnosed: 06/2010
Interest: I am a caregiver for someone with ALS/MND.
Posts: 433
maryhahnward is on a very distinguished road
Default Re: Veterans Mortgage Life Insurance

A veteran has two choices for a starting point. When they fill out the form for VMLI they can choose when the building begins or after it is completed. My husband's VMLI started when building began which they deemed to be the day we put the SAH grant check in the escrow account.
maryhahnward is offline  
Thanks from
DaChief (03-19-2017)
Old 03-19-2017, 08:57 AM #3 (permalink)
chally's Avatar
Senior Member
 
Join Date: 2015
City: renick
State: wv.
Country: US
Diagnosed: 02/2015
Interest: I have been diagnosed with ALS.
Posts: 919
chally is a name known to allchally is a name known to allchally is a name known to allchally is a name known to allchally is a name known to allchally is a name known to all
chally chally is offline
Senior Member
chally's Avatar
Join Date: 2015
City: renick
State: wv.
Country: US
Diagnosed: 02/2015
Interest: I have been diagnosed with ALS.
Posts: 919
chally is a name known to allchally is a name known to allchally is a name known to allchally is a name known to allchally is a name known to allchally is a name known to all
Default Re: Veterans Mortgage Life Insurance

Hey chief, once you are approved for SAH grant your good to apply for vmli immediately , don't wait cause as you said the bucket may come up before completion of project. Good luck. Chally
chally is offline  
Thanks from
DaChief (03-19-2017)
Old 03-19-2017, 09:19 AM #4 (permalink)
Nuts's Avatar
Extremely Helpful Member
 
Join Date: 2014
City: Littleton
State: North Carolina
Country: US
Diagnosed: 01/2014
Interest: I am a caregiver for someone with ALS/MND.
Posts: 2,269
Nuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud of
Nuts Nuts is offline
Extremely Helpful Member

Nuts's Avatar
Join Date: 2014
City: Littleton
State: North Carolina
Country: US
Diagnosed: 01/2014
Interest: I am a caregiver for someone with ALS/MND.
Posts: 2,269
Nuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud ofNuts has much to be proud of
Default Re: Veterans Mortgage Life Insurance

I believe the determining factor is when the government disperses the money.
Nuts is offline  
Thanks from
DaChief (03-19-2017)
Old 03-19-2017, 05:04 PM #5 (permalink)
Atsugi's Avatar
Extremely Helpful Member
Forum Moderator
 
Join Date: 2011
City: Orlando
State: Florida
Country: US
Diagnosed: 12/2010
Interest: I lost a loved one to ALS/MND.
Posts: 4,665
Atsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant future
♥ Atsugi Atsugi is offline
Extremely Helpful Member
Forum Moderator

Atsugi's Avatar
Join Date: 2011
City: Orlando
State: Florida
Country: US
Diagnosed: 12/2010
Interest: I lost a loved one to ALS/MND.
Posts: 4,665
Atsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant futureAtsugi has a brilliant future
Default Re: Veterans Mortgage Life Insurance

I saw this: "The effective date for this insurance will be established by VA upon receipt of a signed and completed application with all other information necessary to determine the amount of the insurance premiums." at http://www.benefits.va.gov/insurance...36_08-2011.pdf
Atsugi is offline  
Thanks from
DaChief (03-19-2017)
Old 03-22-2017, 12:06 AM #6 (permalink)
gooseberry's Avatar
Extremely Helpful Member
 
Join Date: 2014
City: Pit of hot
State: FL
Country: US
Interest: I lost a loved one to ALS/MND.
Posts: 3,416
gooseberry is a splendid one to beholdgooseberry is a splendid one to beholdgooseberry is a splendid one to beholdgooseberry is a splendid one to beholdgooseberry is a splendid one to beholdgooseberry is a splendid one to beholdgooseberry is a splendid one to behold
gooseberry gooseberry is offline
Extremely Helpful Member
gooseberry's Avatar
Join Date: 2014
City: Pit of hot
State: FL
Country: US
Interest: I lost a loved one to ALS/MND.
Posts: 3,416
gooseberry is a splendid one to beholdgooseberry is a splendid one to beholdgooseberry is a splendid one to beholdgooseberry is a splendid one to beholdgooseberry is a splendid one to beholdgooseberry is a splendid one to beholdgooseberry is a splendid one to behold
Default Re: Veterans Mortgage Life Insurance

We were told the policy could begin at 2 different times...when sah construction begins or when everything is completed
gooseberry is offline  
Closed Thread

Tags
grant, insurance, life, life insurance, veterans


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
veterans mortgage life insurance gooseberry Military Veterans and the VA 16 04-01-2016 03:12 PM
Life Insurance SLAUGHTER1555 Current Caregivers (CALS) 6 01-15-2016 06:59 PM
Life Insurance - Death insurance tripete General Discussion About ALS/MND 6 02-08-2015 07:33 AM
Life Insurance AHands People With ALS - "PALS" 27 04-29-2010 10:45 PM
Life Insurance juxtapoze General Discussion About ALS/MND 13 08-17-2009 03:05 PM


All times are GMT -5. The time now is 06:19 PM.

 

Who we are

"We are a volunteer-driven online community that originated in 2003. We are a resource for anyone affected by ALS and MND. We are a community of like-minded and compassionate individuals. Together we are the ALS Forum and together we build this online resource and online community."

 

Want to help?

Have you found our website helpful? Do you enjoy having a place to talk to people that are knowledgeable about ALS and MND? If you have found it helpful to chat with people at different stages of the ALS/MND journey we encourage you to get involved.

Copyright © 2016