Title 38Veterans' BenefitsRelease 119-73not60

§1943 Premiums

Title 38 › Part II— GENERAL BENEFITS › Chapter 19— INSURANCE › Subchapter II— UNITED STATES GOVERNMENT LIFE INSURANCE › § 1943

Last updated Apr 5, 2026|Official source

Summary

Premiums: net, based on the American Experience Table and 3½% interest. Payment rules apply; no advance over one month; payments may be taken from pay or deposit or made as the insured chooses.

Full Legal Text

Title 38, §1943

Veterans' Benefits — Source: USLM XML via OLRC

The premium rates for insurance shall be the net rates based upon the American Experience Table of Mortality and interest at 3½ percent per annum. Regulations shall prescribe the time and method of payment of premiums, but payments of premiums in advance shall not be required for periods of more than one month each, and may be deducted from the pay or deposit of the insured or be otherwise made at the insured’s election.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1991—Pub. L. 102–83 renumbered section 743 of this title as this section. 1986—Pub. L. 99–576 substituted “the insured’s” for “his”. 1982—Pub. L. 97–295 substituted “percent” for “per centum”.

Reference

Citations & Metadata

Citation

38 U.S.C. § 1943

Title 38Veterans' Benefits

Last Updated

Apr 5, 2026

Release point: 119-73not60