SBA Life insurance policy and VA Disability rating

searcher profile

March 21, 2023

by a searcher from Rice University - Jesse H. Jones Graduate School of Business in Houston, TX, USA

Hi everyone, I am considering working to increase my VA Disability rating. Before doing so I wanted to see if any veterans that have acquired have had issues meeting the life insurance policy requirement based on their VA Rating? If you would prefer to reach out via DM I will keep a eye on my messages.

Thanks for any information you are willing to share.

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commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
First off, thank you for your service and I am sorry about your disability. I am not a veteran so I cannot speak to that portion of it. However, we do a substantial amount of SBA 7A lending for business acquisitions. If you get denied for Key Man Life Insurance or the cost is too high and prohibitive, the requirement will be waived. The SBA just requires you get it if you can. If you cannot get it, then they will still do the loan without it. If you have additional questions you can ping me here or directly at redacted Good luck.
commentor profile
Reply by an investor
from University of Florida in Safety Harbor, FL, USA
Not a veteran, do insurance for searchers though. I’ve worked with a few combat wounded veterans and gotten thru this process. Brads point stands and then also some carriers are more willing to do this than others. Happy to help when it comes around.
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