Tuesday, June 19, 2012

Unemployment VA Benefits

By Tim Anderson

Veteran soldiers returning from service are often unable to work due to injuries. Others have spent their entire careers serving in the armed forces and may find themselves entering a civilian population that has no direct need for their particular skills. There are a number of reasons why veterans may find themselves unemployed, but thankfully, there are a variety of unemployment benefits that come down from the federal level to ensure that the people who keep the country safe are taken care of.

VA home loans ensure that eligible veterans can obtain or maintain an abode despite their unemployed status. While the specific guidelines vary state to state, the home loan guaranty helps veterans buy or build their own home, whether it be a condo, a house or an apartment. In addition, the loan can help veterans refinance an existing mortgage if required, as well as enable them to repair an existing facility if it is in need of such.

Health care benefits are one of the most important aspects of veteran unemployment aid. Whether a veteran is retiring after a career of service or is someone who has been injured in a past battle, there are a number of situations where the health of the veteran is compromised in some way, and without a job they cannot pay for the necessary health insurance. The government runs over 1,400 facilities to cover the needs of veterans, with a comprehensive program that depends upon the level of service a veteran has performed.

Whether a veteran is permanently or temporarily disabled or is over the age of employment, an individual might find themselves faced with an income that is too low to cover their cost of living. As long as a veteran has performed enough time in service and either retired or was given an honorable discharge, they are eligible for a federal pension to help them cover their costs of living.

On their own, many veterans find themselves unable to cover the cost of many amenities that regular citizens take for granted, such as life insurance. The government offers life insurance policies for unemployed veterans as a way of compensation for time served. Any member of the armed forces is eligible so long as they meet the requirements for time served. Coverage varies from personal life insurance to family policies.

While it is an unpleasant situation, many veterans face serious health issues after their time in the military. When there are dependents in the family who rely upon the income of that soldier, it can lead to disparaging circumstances. Unemployed veterans can rest assured that their dependents and families will be taken care of should they pass on, as well as if they are too disabled to work.


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