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38 U.S.C. § 1973 — Forfeiture

Federal law — U.S. Code and appendices · legal_authorities

38 U.S.C. § 1973 — Forfeiture

Any person guilty of mutiny, treason, spying, or desertion, or who, because of conscientious objections, refuses to perform service in the Armed Forces of the United States or refuses to wear the uniform of such force, shall forfeit all rights to Servicemembers’ Group Life Insurance and Veterans’ Group Life Insurance under this subchapter. No such 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.

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Source location: Title 38, Chapter 19, § 1973; chapter-019-insurance.md

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Federal law — U.S. Code and appendices · legal_authorities

38 U.S.C. § 1979 — Incontestability

Subject to the provision of [section 1973 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1973&num=0&edition=prelim), insurance coverage granted under this subchapter shall be incontestable from the date of issue, reinstatement, or conversion except for fraud or nonpayment of premium.

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Federal law — U.S. Code and appendices · legal_authorities

38 U.S.C. § 1973 — Forfeiture

Page 545 TITLE 38—VETERANS’ BENEFITS § 1973 retary during any policy year upon request by the insurance company or companies issuing the policy, if experience indicates that the assump- tions made in determining the tentative average premium rate for that policy year were incor- rect. (d) Each policy so purchased shall contain a provision stipulating the maximum expense and risk charges for the first policy year, which charges shall have been determined by the Sec- retary on a basis consistent with the general level of such charges made by life insurance companies under policies of group life insurance issued to large employers. Such maximum charges shall be continued from year to year, except that the Secretary may redetermine such maximum charges for any year either by agree- ment with the insurance company or companies issuing the policy or upon written notice given by the Secretary to such companies at least one year in advance of the beginning of the year for which such redetermined maximum charges will be effective. (e) Each such policy shall provide for an ac- counting to the Secretary not later than ninety days after the end of each policy year, which shall set forth, in a form approved by the Sec- retary, (1) the amounts of premiums actually ac- crued under the policy from its date of issue to the end of such policy year, (2) the total of all mortality and other claim charges incurred for that period, and (3) the amounts of the insurers’ expense and risk charge for that period. Any ex- cess of the total of item (1) over the sum of items (2) and (3) shall be held by the insurance company or companies issuing the policy as a special contingency reserve to be used by such insurance company or companies for charges under such policy on

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