H.R. 970, titled the "Fairness for Servicemembers and their Families Act of 2025," requires the Secretary of Veterans Affairs to review the automatic maximum coverage limits for the Servicemembers' Group Life Insurance and Veterans' Group Life Insurance programs starting January 1, 2026, and...
Simple Explanation
H.R. 970 wants to make sure that the life insurance for soldiers and veterans isn't too low by checking it every five years and seeing if it needs to go up based on how much prices for things in general have changed, but it doesn't clearly say that it has to be changed even if prices have gone up.