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When will Veterans’ Mortgage Life Insurance (VMLI) coverage increase and what will be the maximum coverage amount?

Published 08/13/2012 09:32 AM   |    Updated 08/13/2012 10:23 AM
When will Veterans' Mortgage Life Insurance (VMLI) coverage increase and what will be the maximum coverage amount?
The Veterans' Benefits Act of 2010 (P.L.111-275) increased the maximum amount of VMLI from $150,000 to $200,000, effective January 1, 2012.