Most veterans are aware of the benefits they can receive from basic healthcare, but sometimes they may not be fully aware of all the benefits they can receive from veteran’s benefits. If you are a veteran, the list below includes ten different things informing you about what you are entitled to if you need it.
1. Long Term Care
Long term care can be incredibly expensive. Through the Aid and Attendance program, many veterans are eligible to receive money to help them pay for their long-term care. Couples could potentially receive $25,020 a year. If a spouse dies, their widow is eligible to receive $13,560 a year.
2. Caregiver Support
If one decides to take care of their veteran at home, the Department of Veterans Affairs offers a caregiver support program.
3. Death Benefits
When a veteran dies, their family can make a few unique requests. They can ask for an American flag to be draped over their casket and a Presidential Memorial Certificate to honor their deceased loved ones. The Department of Veterans Affairs will also provide a deceased veteran with a free headstone or grave marker.
4. Certification Programs
Including a free college education because of the GI Bill, the government also offers $2,000 to help cover the cost of certification courses or vocational training.
5. Transferring GI Bill Credits
Unused credits from the GI Bill can be transferred to family members or the spouses of veterans. However, there are service limits applied to these transfer benefits.
6. Free Tax Preparation
Volunteer Income Tax Assistance offices on military bases offer free tax preparation services.
7. Life Insurance
Sometimes veterans have trouble receiving life insurance, especially if they obtained an injury during their service. The Servicemembers’ and Veterans’ Group Like Insurance program veterans can receive up to $400,000 in life in insurance. This program offers fair premium rates.
8. Mortgage Insurance
If a veteran cannot make their mortgage payments, they are eligible for repayment assistance through the Department of Veterans Affairs. Options for help include repayment plans, loans, and loan modification programs.
9. VA Foreclosures
Veterans are allowed to search from a list of homes if their house has been foreclosed. They can receive these homes at a discounted cost.