§3972 — Title 50 War and National Defense | U.S. Code

Summary

Gives insurance protections that the insured person can use. The insured, the insured’s legal representative, or—if the insured is outside a State—the insured’s beneficiary may use these protections. The Secretary of Veterans Affairs must tell the other Secretary how to handle applications. The person applying must send the original application to the insurance company and a copy to the Secretary of Veterans Affairs. Caps the total life-insurance protection for a servicemember at $250,000, unless the servicemember’s Servicemember’s Group Life Insurance maximum limit is higher, in which case the higher amount applies. This cap applies no matter how many policies are submitted.

Title 50, §3972

War and National Defense — Source: USLM XML via OLRC

(a)The rights and protections under this subchapter apply to the insured when—

(1)the insured,

(2)the insured’s legal representative, or

(3)the insured’s beneficiary in the case of an insured who is outside a State,

(b)The Secretary of Veterans Affairs shall notify the Secretary concerned of the procedures to be used to apply for the protections provided under this subchapter. The applicant shall send the original application to the insurer and a copy to the Secretary of Veterans Affairs.

(c)The total amount of life insurance coverage protection provided by this subchapter for a servicemember may not exceed $250,000, or an amount equal to the Servicemember’s Group Life Insurance maximum limit, whichever is greater, regardless of the number of policies submitted.

Notes & Related Subsidiaries

Editorial Notes

Codification Section was formerly classified to section 542 of the former Appendix to this title prior to editorial reclassification and renumbering as this section.

Prior Provisions

A prior section 402 of act Oct. 17, 1940, ch. 888, art. IV, 54 Stat. 1183; Oct. 6, 1942, ch. 581, § 13, 56 Stat. 774; Pub. L. 102–12, § 9(13), Mar. 18, 1991, 105 Stat. 40, related to form of application, reports to Secretary of Veterans Affairs by insurer, and deeming of policy modified upon application for protection, prior to the general amendment of this Act by Pub. L. 108–189. See section 3973 of this title.

Statutory Notes and Related Subsidiaries

Effective Date

Section applicable to any case not final before Dec. 19, 2003, see section 3 of Pub. L. 108–189, set out as a note under section 3901 of this title.

§3972 Insurance rights and protections