Title 38, Veterans' BenefitsRelease 119-102
§1906 Policy Provisions
Title 38 › PART II — GENERAL BENEFITS › CHAPTER 19 — INSURANCE › SUBCHAPTER I — NATIONAL SERVICE LIFE INSURANCE › § 1906
Summary
The Secretary can periodically issue rules letting insurance policies include cash, loan, paid‑up/extended values, dividends, refunds, and other reasonable terms.
Full Legal Text
Title 38, §1906
Veterans' Benefits, Source: USLM XML via OLRC
Provisions for cash, loan, paid-up, and extended values, dividends from gains and savings, refund of unearned premiums, and such other provisions as may be found to be reasonable and practicable may be provided for in the policy of insurance from time to time by regulations promulgated by the Secretary.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1991—Pub. L. 102–83 renumbered section 706 of this title as this section and substituted “Secretary” for “Administrator”.
Reference
Citations & Metadata
Citation
38 U.S.C. § 1906
Title 38, Veterans' Benefits
Last Updated
Aug 21, 2026
Release point: 119-102