WASHINGTON, D.C. – Today, Senator Rick Scott released the following statement after the Supporting Families of the Fallen Act, a bill to increase service members’ life insurance benefit coverage, was signed into law by President Biden. The legislation increases the U.S. Department of Veterans’ Affairs Servicemembers’ Group Life Insurance (SGLI) and Veterans’ Group Life Insurance (VGLI) coverage amount from $400,000 to $500,000. SGLI and VGLI coverage amounts had not previously been updated since 2005. Senator Scott is an original co-sponsor of the bill, which was introduced by Senator Tommy Tuberville.
Senator Rick Scott said, “Getting the Supporting Families of the Fallen Act signed into law is a huge win for Florida’s military families. The Sunshine State is home to 21 military bases, three unified commands, nearly 70,000 active duty personnel and 1.5 million veterans. As a Navy veteran and the son of a World War II veteran, I understand the personal sacrifice our veterans, military members and families make to defend our freedom, and I’ll never stop fighting to make sure they have the benefits they have earned and so rightly deserve.”