Wounded Warrior Project: Traumatic Servicemembers Group Life Insurance Reports Paid Benefits

Wounded Warrior Project announced as of Oct. 31, Traumatic Servicemembers Group Life Insurance has paid over $817 million in benefits to eligible service members and veterans since the program's inception in 2005.

"When a warrior is severely injured, the last thing on anyone's mind is money. But what happens to their finances between the time they've been injured and when their VA disability compensation starts?" said Steve Nardizzi, Executive Director, Wounded Warrior Project, in a release dated Dec. 9. "Spending time with wounded warriors and their families at their bedsides and throughout their recovery, WWP staff saw this difficult experience first-hand. It was evident that many warriors and their families were struggling with financial instability and dislocation while they waited for their VA benefits to begin.

"Because WWP relies solely on the generosity of businesses, organizations and the American public, and does not accept government funding, we are nimble and can move quickly when we identify a need to provide immediate and actionable solutions.

"We are a high-touch organization that brings meaningful programs and services to warriors. The tremendous financial support provided through TSGLI has been a game changer in helping injured warriors handle the difficult period that comes immediately after injury."

TSGLI provides automatic traumatic injury coverage of up to $100,000 to all service members covered under the SGLI program, and retroactive coverage to those who incurred severe losses as a result of traumatic injury in Operation Enduring Freedom or Operation Iraqi Freedom between Oct. 7, 2001 and Dec. 1, 2005.

The mission of Wounded Warrior Project is to honor and empower Wounded Warriors.

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