# Veterans' Mortgage Life Insurance-Coverage Amendment
> **US Department of Veterans Affairs** · Final rule. · Published 2017-10-19 · Effective 2017-10-19 · 82 FR 48630
## Document
- **Document number:** 2017-22667
- **Category:** va-other
- **Agency:** US Department of Veterans Affairs
- **Federal Register citation:** 82 FR 48630
- **CFR reference:** 38 CFR 8
- **Publication date:** 2017-10-19
- **Effective date:** 2017-10-19
## Abstract

This document amends Department of Veterans Affairs (VA) regulations governing the Veterans' Mortgage Life Insurance (VMLI) program in order to provide VMLI-eligible individuals the option to lower their premiums by purchasing less than the minimum coverage amount required under current VA regulations. The final rule also amends current VA regulations to reflect that the statutory maximum amount of coverage available under the VMLI program was previously increased to $200,000, to define the term "eligible individual," and to clarify that eligibility for VMLI coverage has been extended to include servicemembers as well as veterans.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2017/10/19/2017-22667/veterans-mortgage-life-insurance-coverage-amendment)
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