Veterans' Insurance Laws: Servicemen's Indemnity Act of 1951 (applicable to Persons Serving on Or After June 27, 1950). National Service Life Insurance Act of 1940, as Amended (applicable to World War II Veterans). U.S. Government Life Insurance (applicable to World War I Veterans). Revised as of July 1, 19521952 - 50 pages |
Common terms and phrases
79th Cong Act of Oct active service Added by sec Administrator is hereby amended by sec amount ance application April 25 authorized and directed centum per annum claim compensation converted insurance date of enactment death deemed ed Mar enlistment entitled equal monthly installments escheat ficiary five-year level premium Formerly sec Government life converted Government life insurance hereby authorized hundred and twenty insurance fund July 11 June 27 level premium term loco parentis ment military or naval months national service life-insurance naval forces paid payable payment of premiums permitted class person Provided further Public Law 589 Public Law Numbered reenacted June regulations reinstatement renewable term insurance repealed and reenacted Risk Insurance Act section 602 September 30 Service Life Insurance subsection surance Table of Mortality thereof tion total disability twenty days United States Code United States Government W. R. I. Act waived waiver of premiums World War Veterans yearly renewable term
Popular passages
Page 42 - Subject to regulations, the insured shall at all times have the right to change the beneficiary or beneficiaries of such insurance without the consent of such beneficiary or beneficiaries, but only within the classes herein provided.
Page 13 - No installments of such insurance shall be paid to the heirs or legal representatives as such of the insured or of any beneficiary, and in the event that no person within the permitted class survives to receive the insurance or any part thereof no payment of the unpaid installments shall be made.
Page 33 - That in civil cases no writ of subpoena shall issue for witnesses living out of the district in which the court is held at a greater distance than one hundred miles from the place of holding the same without the permission of the trial court being first had upon proper application and cause shown.
Page 37 - No insurance shall be payable for death inflicted as a lawful punishment for crime or for military or naval offense, except when inflicted by an enemy of the United States ; but the cash surrender value, if any, of such insurance on the date of such death shall be paid to the designated beneficiary, if living, or otherwise to the beneficiary or beneficiaries within the permitted class in accordance with the order specified in section 602 (h) (3).
Page 40 - Administrator, and shall prescribe the time and method of payment of the premiums thereon, 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...
Page 36 - Provided further, That in case any person has been dishonorably discharged from the military or naval forces as a result of a court-martial trial, and it is thereafter established to the satisfaction of the director that at the time of the commission of the offense resulting in such court-martial trial and discharge that such person was insane, such person shall be entitled to the compensation and insurance benefits of the War Risk Insurance Act...
Page 15 - That the Administrator shall not grant waiver of any premium becoming due more than one year prior to the receipt in the Veterans...
Page 20 - Such investments may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States.
Page 33 - claim' as used in this section means any writing which alleges permanent and total disability at a time when the contract of insurance was in force, or which uses words showing an intention to claim insurance benefits, and the term 'disagreement...
Page 1 - Training Corps, when ordered to annual training duty for fourteen days or more, and while performing authorized travel to and from that duty ; and (5) any person while en route to or from, or at, a place for final acceptance or for entry upon active duty in the military...