Title 38, Veterans' BenefitsRelease 119-102
§1943 Premiums
Title 38 › PART II — GENERAL BENEFITS › CHAPTER 19 — INSURANCE › SUBCHAPTER II — UNITED STATES GOVERNMENT LIFE INSURANCE › § 1943
Summary
Premiums must use net rates based on the American Experience Table of Mortality with interest at 3½ percent per annum. Rules will set when and how to pay, but you cannot be forced to pay more than one month in advance, and payments can be taken from your pay or deposit or made in another way you choose.
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 38, Veterans' Benefits
Last Updated
Aug 21, 2026
Release point: 119-102