Does A Cal Vet Loan Require Life Insurance?

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   Peggy Mace

   Most of the U.S.

   I contacted CalVet Home Loans to ask them this question. They emailed me back the following answer: "All loan applications received by CalVet on or after February 1, 2013 have the option to participate in the CalVet Life Insurance Program. For details please contact our Insurance Unit at 1.866.421.6978 or visit our website at: www.calvet.ca.gov."
   
   When I asked to clarify if ANY life insurance was need to get a Cal Vet Loan they replied: "CalVet does not require the contract holder to buy any life insurance policy for your CalVet loan balance. "

   Answered on April 30, 2013

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