Virginia Retirement System (VRS) Life Insurance — Richmond, VA

What Is the Virginia Retirement System (VRS)?

The Virginia Retirement System (VRS) provides pension, disability, and life insurance benefits for Virginia state employees, teachers, local government workers, and many public service roles. While VRS offers valuable group life insurance, many Richmond families rely on supplemental private coverage to fully protect their income and long term financial security.

Why VRS Life Insurance Alone Is Often Not Enough

VRS life insurance includes basic and optional benefits, but coverage typically decreases at retirement—sometimes dropping as low as 25% of your working benefit. This creates a major coverage gap for families relying on your income.

Common Issues with VRS Only Coverage:

• -Coverage decreases dramatically after age 65
• -Optional coverage becomes more expensive over time
• -You may lose coverage if leaving a VRS?covered job
• -No cash value accumulation
• -Final expense and mortgage protection may be underfunded
• 
  

Who Should Consider Additional Life Insurance?

• Teachers in Richmond Public Schools
• 
  
• State employees working in downtown Richmond government buildings
• 
  
• VCU, VCU Health, and state university employees
• 
  
• City of Richmond and Henrico/Chesterfield employees
• 
  
• Anyone planning to retire on VRS income
• 
  

Best Types of Supplemental Life Insurance for VRS Members

Depending on your income, family size, and retirement goals, additional private life insurance ensures your family's financial stability.

Best Options Include:

• Term Life Insurance — Affordable coverage for mortgages, children, and income replacement.
• 
  
• Whole Life Insurance — Permanent protection with guaranteed cash value.
• 
  
• Final Expense Coverage — Protects loved ones from funeral/medical bills.
• 
  
• Guaranteed Issue Life Insurance — No medical exam options available.
• 
  
• 
  

Richmond, VA–Focused Expertise

I work with VRS members across:

• Church Hill
• Southside
• Jackson Ward
• Northside
• Henrico & Chesterfield
• 
  

As a local Kemper Life agent, I provide face to face guidance to help you compare your VRS beneficiary options, coverage amounts, and supplemental needs.