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38 U.S.C. § 1966 — Eligible insurance companies
Federal law — U.S. Code and appendices · legal_authorities
**(a)** The Secretary is authorized, without regard to section 6101(b) to (d) of title 41, to purchase from one or more life insurance companies a policy or policies of group life insurance to provide the benefits specified in this subchapter. Each such life insurance company must (1) be licensed to issue life insurance in each of the fifty States of the United States and in the District of Columbia, and (2) as of the most recent December 31 for which information is available to the Secretary, have in effect at least 1 percent of the total amount of group life insurance which all life insurance companies have in effect in the United States.
**(b)** The life insurance company or companies issuing such policy or policies shall establish an administrative office at a place and under a name designated by the Secretary.
**(c)** The Secretary shall arrange with the life insurance company or companies issuing any policy or policies under this subchapter to reinsure, under conditions approved by the Secretary, portions of the total amount of insurance under such policy or policies with such other life insurance companies (which meet qualifying criteria set forth by the Secretary) as may elect to participate in such reinsurance.
**(d)** The Secretary may at any time discontinue any policy or policies which the Secretary has purchased from any insurance company under this subchapter.
Source: Supplied U.S. Code snapshot — release unconfirmed · 38 U.S.C. § 1966
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Source file: Laws/federal/codes/united-states-code/title-38/section-1966-eligible-insurance-companies--138d7cdd50.md
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Source location: Title 38, Chapter 19, § 1966; chapter-019-insurance.md
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**(a)** The Secretary is authorized, without regard to section 6101(b) to (d) of title 41, to purchase from one or more life insurance companies a policy or policies of group life insurance to provide the benefits specified in this subchapter. Each such life insurance company must (1) be licensed to issue life insurance in each of the fifty States of the United States and in the District of Columbia, and (2) as of the most recent December 31 for which information is available to the Secretary, have in effect at least 1 percent of the total amount of group life insurance which all life insurance companies have in effect in the United States.
**(b)** The life insurance company or companies issuing such policy or policies shall establish an administrative office at a place and under a name designated by the Secretary.
**(c)** The Secretary shall arrange with the life insurance company or companies issuing any policy or policies under this subchapter to reinsure, under conditions approved by the Secretary, portions of the total amount of insurance under such policy or policies with such other life insurance companies (which meet qualifying criteria set forth by the Secretary) as may elect to participate in such reinsurance.
**(d)** The Secretary may at any time discontinue any policy or policies which the Secretary has purchased from any insurance company under this subchapter.
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Federal law — U.S. Code and appendices · legal_authorities
**(a)**
(1) Subject to an election under paragraph (2), any policy of insurance purchased by the Secretary under [section 1966 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1966&num=0&edition=prelim) shall automatically insure the following persons against death:
(A) In the case of any member of a uniformed service on active duty (other than active duty for training)—
(i) the member; and
(ii) each insurable dependent of the member (other than a dependent who is also a member of a uniformed service and, because of such membership, is automatically insured under this paragraph).
(B) Any member of a uniformed service on active duty for training or inactive duty training scheduled in advance by competent authority.
(C) In the case of any member of the Ready Reserve of a uniformed service who meets the qualifications set forth in subparagraph (B) or (C) of [section 1965(5) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1965/5&num=0&edition=prelim)—
(i) the member; and
(ii) each insurable dependent of the member (other than a dependent who is also a member of a uniformed service and, because of such membership, is automatically insured under this paragraph).
(2)
(A) A member may elect in writing not to be insured under this subchapter.
(B) A member may elect in writing not to insure the member’s spouse under this subchapter.
(3)
(A) Subject to subparagraphs (B), (C), and (D), the amount for which a person is insured under this subchapter is as follows:
(i) In the case of a member, $500,000.
(ii) In the case of a member’s spouse, $100,000.
(iii) In the case of a member’s child, $10,000.
(B) A member may elect in writing to be insur
Source: Supplied U.S. Code snapshot — release unconfirmed · 38 U.S.C. § 1967
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a)**
(1) During any period in which a member, on active duty or active duty for training under a call or order to such duty that does not specify a period of less than thirty-one days, is insured under Servicemembers’ Group Life Insurance, there shall be deducted each month from the member’s basic or other pay until separation or release from such duty an amount determined by the Secretary (which shall be the same for all such members) as the share of the cost attributable to insuring such member under such policy, less any costs traceable to the extra hazard of such duty in the uniformed service.
(2)
(A) During any month in which a member is assigned to the Ready Reserve of a uniformed service under conditions which meet the qualifications of (subparagraph (B) or (C) of [section 1965(5) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1965/5&num=0&edition=prelim), and is insured under a policy of insurance purchased by the Secretary, under [section 1966 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1966&num=0&edition=prelim), there shall be contributed from the appropriation made for active duty pay of the uniformed service concerned an amount determined by the Secretary (which shall be the same for all such members) as the share of the cost attributable to insuring such member under this policy, less any costs traceable to the extra hazards of such duty in the uniformed services. Any amounts so contributed on behalf of any individual shall be collected by the Secretary concerned from such individual (by deduction from pay or otherwise) and shall be credited to the appropriation from which such contribution was made.
(B) If an individual who is required pursuant to subpara
Source: Supplied U.S. Code snapshot — release unconfirmed · 38 U.S.C. § 1969
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a)** Each policy or policies purchased under [section 1966 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1966&num=0&edition=prelim) shall include for the first policy year a schedule of basic premium rates by age which the Secretary shall have determined on a basis consistent with the lowest schedule of basic premium rates generally charged for new group life insurance policies issued to large employers, this schedule of basic premium rates by age to be applied, except as otherwise provided in this section, to the distribution by age of the amount of group life insurance under the policy at its date of issue to determine an average basic premium per $1,000 of insurance. Each policy so purchased shall also include provisions whereby the basic rates of premium determined for the first policy year shall be continued for subsequent policy years, except that they may be readjusted for any subsequent year, based on the experience under the policy, such readjustment to be made by the insurance company or companies issuing the policy on a basis determined by the Secretary in advance of such year to be consistent with the general practice of life insurance companies under policies of group life insurance issued to large employers.
**(b)** The total premiums for Servicemembers’ Group Life Insurance shall be the sum of the amounts computed according to the provisions of subsection (a) above and the estimated cost traceable to the extra hazard of active duty in the uniformed services as determined by the Secretary, subject to the provision that such estimated costs traceable to the extra hazard shall be retroactively readjusted annually in accordance with section 1969(b).
**(c)** Each policy so purchased shall include a provision th
Source: Supplied U.S. Code snapshot — release unconfirmed · 38 U.S.C. § 1971
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
The Secretary shall arrange to have each member insured under a policy purchased under [section 1966 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title38-section1966&num=0&edition=prelim) receive a certificate setting forth the benefits to which the member is entitled thereunder, to whom such benefit shall be payable, to whom claims should be submitted, and summarizing the provisions of the policy principally affecting the member. Such certificate shall be in lieu of the certificate which the insurance company or companies would otherwise be required to issue.
Source: Supplied U.S. Code snapshot — release unconfirmed · 38 U.S.C. § 1972
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a)**
(1) A member of the uniformed services who is insured under Servicemembers’ Group Life Insurance shall automatically be insured for traumatic injury in accordance with this section. Insurance benefits under this section shall be payable if the member, while so insured, sustains a traumatic injury on or after December 1, 2005, that results in a qualifying loss specified pursuant to subsection (b)(1).
(2) If a member suffers more than one such qualifying loss as a result of traumatic injury from the same traumatic event, payment shall be made under this section in accordance with the schedule prescribed pursuant to subsection (d) for the single loss providing the highest payment.
**(b)**
(1) A member who is insured against traumatic injury under this section is insured against such losses due to traumatic injury (in this section referred to as “qualifying losses”) as are prescribed by the Secretary by regulation. Qualifying losses so prescribed shall include the following:
(A) Total and permanent loss of sight.
(B) Loss of a hand or foot by severance at or above the wrist or ankle.
(C) Total and permanent loss of speech.
(D) Total and permanent loss of hearing in both ears.
(E) Loss of thumb and index finger of the same hand by severance at or above the metacarpophalangeal joints.
(F) Quadriplegia, paraplegia, or hemiplegia.
(G) Burns greater than second degree, covering 30 percent of the body or 30 percent of the face.
(H) Coma or the inability to carry out the activities of daily living resulting from traumatic injury to the brain.
(2) For purposes of this subsection:
(A) The term “quadriplegia” means the complete and irreversible paralysis of all four limbs.
(B) The term “paraplegia” means the complete and irreversible paralys
Source: Supplied U.S. Code snapshot — release unconfirmed · 38 U.S.C. § 1980A
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Federal law — U.S. Code and appendices · legal_authorities
Page 529
TITLE 38—VETERANS’ BENEFITS
§ 1966
1994—Par. (5)(B), (C). Pub. L. 103–337, § 1677(d)(1), sub-
stituted ‘‘chapter 1223 of title 10 (or under chapter 67 of
that title as in effect before the effective date of the
Reserve Officer Personnel Management Act)’’ for
‘‘chapter 67 of title 10’’.
Par. (5)(D), (E). Pub. L. 103–337, § 651(a), added subpar.
(D) and redesignated former subpar. (D) as (E).
1991—Pub. L. 102–83, § 5(a), renumbered section 765 of
this title as this section.
Par. (4). Pub. L. 102–54, § 14(b)(16)(A), redesignated cls.
(i) and (ii) as (A) and (B), respectively.
Par. (8). Pub. L. 102–54, § 14(b)(16)(B), redesignated cls.
(a) to (e) as (A) to (E), respectively.
Par. (9). Pub. L. 102–83, § 5(c)(1), substituted ‘‘1966(b)’’
for ‘‘766(b)’’.
Pub. L. 102–54, § 14(b)(16)(B), redesignated cls. (a) to (e)
as (A) to (E), respectively.
1986—Par. (5)(B). Pub. L. 99–576, § 701(35)(A), sub-
stituted ‘‘such person’’ for ‘‘he’’.
Par. (9). Pub. L. 99–576, § 701(35)(B), substituted ‘‘the
child’s’’ for ‘‘his’’ in two places.
1974—Par. (1)(C). Pub. L. 93–289, § 10(1), substituted
‘‘National Oceanic and Atmospheric Administration’’
for ‘‘Environmental Science Services Administration’’.
Par. (5). Pub. L. 93–289, § 3, added cls. (B) and (C), re-
designated former cl. (B) as (D), and substituted ‘‘mid-
shipman of’’ for ‘‘midshipman at’’ in cl. (A).
Par. (6). Pub. L. 93–289, § 10(1), substituted ‘‘National
Oceanic and Atmospheric Administration’’ for ‘‘Envi-
ronmental Science Services Administration’’.
1972—Par. (1)(D). Pub. L. 92–315, § 1(3), added cl. (D).
Par. (5)(A). Pub. L. 92–315, § 1(4), expanded definition
of ‘‘member’’ to include persons in active duty as a
cadet or midshipman at the United States Military
Academy, United States Naval Aca
Source: Supplied 2024 U.S. Code historical extraction · 38 U.S.C. § 1966
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.