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Financial advice

Have you received a lump-sum award from Veterans Affairs Canada? If so, we can pay for professional advice to help you manage your money effectively.

About this program

You can receive up to $500 to get advice from a financial professional on how to invest and manage a lump-sum.

Some costs for professional services do not qualify for reimbursement, including:

  • help with tax returns,
  • annual commissions or fees on your investments, and
  • travel costs

Do you qualify?

You should apply to be reimbursed for financial advice if you receive a lump-sum payment related to any of the following:

  • Pain and Suffering Compensation with an assessment that is 5% or greater,
  • Critical Injury Benefit,
  • Detention Benefit, or
  • Death Benefit

You must apply for reimbursement within 12 months of receiving your award decision.

How to apply

Before you apply

To qualify for this reimbursement, your advisor must be primarily engaged in the business of providing professional financial advice.

Proof of payment

Include the invoice containing the name and address of the financial professional with your application.

Note: Submit the invoice to us and we will pay you directly. Unfortunately, we cannot pay the provider directly.

By mail

Download the request for reimbursement form. Please mail your completed form directly to the address listed on the form which is:

Veterans Affairs Canada
PO Box 6000
Matane QC G4W 0E4

Additional information

Get help

The staff at any VAC office can assist you or call us at 1-866-522-2122.

Find out more

Fact sheet

Managing your lump-sum benefit

Resources to help with your financial management and planning.

Related programs

Disability Award: Compensation to recognize that your injury or illness is a result of your military service.

Critical Injury Benefit: A one-time payment if you are suddenly and critically injured while serving.

Detention Benefit: A one-time payment if you were detained by an enemy, opposing force or group carrying out a terrorist activity.

Death Benefit: Lump-sum compensation for the family of a member whose death was a result of their service.