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Military Death Benefits Increase Retroactively, Will Begin Soon
The Pentagon is immediately increasing death benefits for members of the military fighting the war on terror, now that Congress and the President have approved the increase.
In the past, families of dead service members received a $12,500 payment – that's going up to $100,000.
Families of soldiers killed in action October 7th, 2001 and on will receive the new benefit.
And starting September 1st, members of the military deployed to combat zones will get a big boost in the maximum amount of life insurance.
It'll climb from $250,000 to $400,000.