U.S. Code » Title 38 » Part PART II— GENERAL BENEFITS › Chapter CHAPTER 19— INSURANCE › Subchapter SUBCHAPTER I— NATIONAL SERVICE LIFE INSURANCE

38 U.S.C. § 1906

Policy provisions

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Provisions for cash, loan, paid-up, and extended values, dividends from gains and savings, refund of unearned premiums, and such other provisions as may be found to be reasonable and practicable may be provided for in the policy of insurance from time to time by regulations promulgated by the Secretary.

Notes of Decisions
Cited in 3 cases, 1998–2000 · leading case: Lee v. West, 13 Vet. App. 388 (Vet. App. 2000).
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Lee v. West, 13 Vet. App. 388 (Vet. App. 2000). · cites it 3× “(D) in the TDIP is in 38 U.S.C. § 1906 , which provides: Provisions for cash, loan, paid-up, and extended values, dividends from gains and savings, refund of unearned premiums, and such other provisions as may be found to be reasonable and practicable may be provided for in the…”
Fagan v. West, 13 Vet. App. 48 (Vet. App. 1999). “” 38 U.S.C. § 1906 . Therefore, the designation of a beneficiary for an NSLI policy is covered by federal law and the plain meaning of § 8.”
Curtis v. West, 11 Vet. App. 129 (Vet. App. 1998). “” 38 U.S.C. § 1906 . Therefore, the designation of a beneficiary for an NSLI policy is covered by federal law and the plain meaning of § 8.”
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