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If you are a retired army officer, you get many benefits. However, acquiring these benefits is a long process because not many people know what they are. As a veteran, you get many discounts and benefits such as:
- Free Medical Benefits
- Free Car Insurance
- Discount on Hotel Booking
- Disability Compensation
- Veteran Home Loan
These are some of the many benefits you are entitled to as former military personnel. If you want to learn further about these benefits, then continue reading.
We interviewed Sara Routhier, Managing Editor, and Outreach Director at Veteran Auto Insurance to clarify what benefits you are eligible for as a veteran. Here are the must-know facts and best-kept secrets about the benefits you are eligible for as a veteran.
Free Medical Benefits
If you have any serious injury or disability that you got during your military services, you are entitled to get free medical benefits. As a veteran, you are also eligible for free medical treatment and other extra medical care if your income is under a specific amount.
Every medical sustenance is given free of charge to veterans and former POWs who are 50% or more disabled. Other parties may be exempt from paying Military medical care in certain or all cases.
Car Insurance
If both you and a member of the family is a veteran or serving military member, you and your family may be qualified for many of the cheapest vehicle insurance rates available.
Car insurance is only available through USAA military veterans, current military, and their families. Others provide military personnel additional prices and services. Car insurance for disabled veterans is also among the many benefits you get if you previously served the military.
Discount on Hotel Booking
Most veterans and currently serving members of the military travels a lot due to various reasons, such as permanent change of station (PCS) and vacation. Many hotels, recreational places, and lodgings provide discounts to them. Some of the discounts that veterans are eligible for are:
- Intercontinental Hotels Group Military Discount
- Choice Hotels Military Discount
- Best Western Military Discount
- Great Wolf Lodge Military Discount
- Embassy Suites Hotels Military Discount
- Disneyland Resort Hotels Discounts
Disability Compensation
If you are a former military person who becomes disabled during services, then you are eligible for 133$-3,400$ every month for disability compensation. This is a tax-free compensation to which every veteran with a service-related disability is entitled. Depending on your circumstances, you could be entitled to even more compensation. Some of the factors that decided the amount of your compensation are:
- You suffer from loss of limb(s) and other serious disability
- You have your family members dependent on you, such as your spouse, children, or parents.
- You can not get employment due to your disability.
Veteran Home Loan
As a veteran, you are eligible for a Veteran home loan or a Department of Veterans Affairs home loan. This is the best benefit you get if you are former military. If you are eligible for the home loan, you can purchase or construct your own home or can pay the mortgage of an existing home. The veteran home loan offers the opportunity to make your home by paying $0 down with great rats. Additional benefits of veteran home loans are that there is no Private Mortgage Insurance.
Conclusion
The benefits discussed above are just a few of the many benefits you get as a veteran. For people who spend their lives serving our country, these benefits by the state are just a token of appreciation and gratitude.
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Photo provided by the author with written permission from owner Mateo Evans.
