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What You Need To Know About Veterans’ Benefits

After retirement from active military duty, it is essential to find out what benefits you qualify for. Veterans benefits are eligible to you, your dependents, your spouse or even a family member. Explained below are the types of compensation benefits for veterans as well as how to claim them.

Types of compensation benefits

There are various types of compensation offered to veterans. They include:

  • Disability compensation is a payment made to veterans who became mentally or physically disabled while serving in the military
  • Dependency and indemnity benefits are monthly untaxed payments to survivors of military service members who died in the line of service or veterans who died from an injury or disease related to their service.
  • Special monthly compensation is a tax-free payment made in addition to regular disability compensation to veterans who lost a specific organ or extremity
  • Housing grants
  • Veterans’ mortgage life insurance
  • Service-disabled veterans’ life insurance

Getting started with the process of claiming benefits

The process of claiming veterans’ benefits can be difficult. As you get started, you’ll want to consider the following:

  • First, be sure if you are qualified for disability compensation
  • Have documents or evidence that will support your claim submission
  • Ensure that you have filled out the claim form thoroughly before sending
  • Follow up to find out if you need to provide additional information

Supporting documents and eligibility score

Some proof will be required to verify your disability claim. You will need to show:

  1. Your records of service treatment
  2. Medical evidence linked to any sickness or injury
  3. Your DD214 document

In addition, certain requirements have to be met to meet eligibility for compensation; You must:

  • Have a condition that affects your body or mind
  • Have served in active duty
  • Have acquired the injuries or illness in question during military service or have a preexisting condition prior that worsened during your military service

It is essential to have documents and evidence in order as you seek compensation.