United States Department of Veterans Affairs
United States Department of Veterans Affairs

life insurance

Servicemembers' & Veterans' Group Life Insurance

Beneficiary Financial Counseling Service (BFCS)

What is BFCS?

Beneficiary Financial Counseling Services (BFCS) is an extra benefit offered to beneficiaries of Servicemembers' Group Life Insurance and Veterans' Group Life Insurance policies as well as TSGLI claimants. As a beneficiary or claimaint, you can take advantage of free professional financial advice provided by FinancialPoint®.

BFCS features:

Personalized service - You receive a financial plan tailored to your situation with action steps addressing your specific needs.

Objective Advice - You benefit from the advice of financial professionals. They have no products to sell and do not receive a commission for their services. They are not affiliated with any banks or investment firms, so you can be assured that the advice they give you is always objective.

Convenience - You can talk to a financial counselor whenever you want to get answers to any questions you may have about your financial plan.

How Does BFCS Work?

Once your claim is settled, just call FinancialPoint® toll-free at 1-888-243-7351 to get the process started. Then you'll receive:

  • A FinancialPoint® Welcome Kit, including comprehensive financial planning questionnaires, asset management education, budgeting and personal finance information, and helpful information sheets that may address many of your current needs.
  • A customized and comprehensive Financial Plan with information based on an analysis of the financial data you submit. The statements and reports will give you suggestions and guidance for meeting short - and long-term financial goals.
  • Unlimited Telephone Assistance from financial professionals for up to 12 months. Call to discuss your Financial Plan and whenever you have financial questions.

About FinancialPoint®

FinancialPoint® is a national team of sensitive financial professionals. Their Certified Financial Planners and other financial professionals are experts in handling a wide range of financial situations and offering customized assistance to individuals like you.

To take advantage of the free BFCS benefit, beneficiaries may contact FinancialPoint® by:

Toll-free Telephone (anytime): 1-888-243-7351
TSGLI Recipients: 1-800-428-3416

Email:fcs@FinancialPoint.com

Financial Counseling Services Brochure

Download our Financial Counseling Services Brochure for easy reference. Note: this file is in Adobe pdf format and requires Adobe Acrobat Reader 6.0 or better (download Acrobat Reader).