Title 38 — Veterans' BenefitsRelease 119-73
§1951 Payment of insurance
Title 38 › Part PART II— - GENERAL BENEFITS › Chapter CHAPTER 19— - INSURANCE › Subchapter SUBCHAPTER II— - UNITED STATES GOVERNMENT LIFE INSURANCE › § 1951
Summary
Government life insurance pays out over 240 months. Amounts under $5 may be held without interest and paid yearly by the Secretary.
Full Legal Text
Title 38, §1951
Veterans' Benefits — Source: USLM XML via OLRC
United States Government life insurance, except as provided in this subchapter, shall be payable in two hundred and forty equal monthly installments. When the amount of an individual monthly payment is less than $5, such amount may in the discretion of the Secretary be allowed to accumulate without interest and be disbursed annually.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1991—Pub. L. 102–83 renumbered section 751 of this title as this section and substituted “Secretary” for “Administrator”.
Reference
Citations & Metadata
Citation
38 U.S.C. § 1951
Title 38 — Veterans' Benefits
Last Updated
Apr 6, 2026
Release point: 119-73