US Code

Public Law 119-73 (01/23/2026)

50 U.S.C. § 3972

Insurance rights and protections

(a)

Rights and protections

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,
applies in writing for protection under this subchapter, unless the Secretary of Veterans Affairs determines that the insured’s policy is not entitled to protection under this subchapter.
(b)

Notification and application

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)

Limitation on amount

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.

Oct. 17, 1940, ch. 888Pub. L. 108–189, § 1117 Stat. 2852(, title IV, § 402, as added , , .)

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

act Oct. 17, 1940, ch. 88854 Stat. 1183Oct. 6, 1942, ch. 581, § 1356 Stat. 774Pub. L. 102–12, § 9(13)105 Stat. 40Pub. L. 108–189section 3973 of this titleA prior section 402 of , art. IV, ; , ; , , , 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 . See .

Statutory Notes and Related Subsidiaries

Effective Date

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