38 U.S.C. § 1943

§1943. Premiums

Edition 2024

U.S.C. Title 38 - VETERANS' BENEFITS
38 U.S.C.

United States Code, 2024 Edition

Title 38 - VETERANS' BENEFITS

PART II - GENERAL BENEFITS

CHAPTER 19 - INSURANCE

SUBCHAPTER II - UNITED STATES GOVERNMENT LIFE INSURANCE

Sec. 1943 - Premiums

From the U.S. Government Publishing Office, www.gpo.gov

§1943. Premiums

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.

(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1158, §743; Pub. L. 97–295, §4(26), Oct. 12, 1982, 96 Stat. 1307; Pub. L. 99–576, title VII, §701(30), Oct. 28, 1986, 100 Stat. 3293; renumbered §1943, Pub. L. 102–83, §5(a), Aug. 6, 1991, 105 Stat. 406.)

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".

Official source