§ 3974. Policies entitled to protection and lapse of policies
50 U.S.C. Ch. 50 — Servicemembers Civil Relief · 2026 edition · updated 2026-10-03 · United States
(a) Determination
The Secretary of Veterans Affairs shall determine whether a policy is entitled to protection under this subchapter and shall notify the insured and the insurer of that determination.
(b) Lapse protection
A policy that the Secretary determines is entitled to protection under this subchapter shall not lapse or otherwise terminate or be forfeited for the nonpayment of a premium, or interest or indebtedness on a premium, after the date on which the application for protection is received by the Secretary.
(c) Time application
The protection provided by this subchapter applies during the insured's period of military service and for a period of two years thereafter.
(Oct. 17, 1940, ch. 888, title IV, §404, as added Pub. L. 108–189, §1, Dec. 19, 2003, 117 Stat. 2853.)
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