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e-CFR data is current as of September 23, 2020

Title 38Chapter IPart 6 → §6.8


Title 38: Pensions, Bonuses, and Veterans' Relief
PART 6—UNITED STATES GOVERNMENT LIFE INSURANCE


§6.8   Selection, revocation and election.

The insured under a United States Government Life Insurance policy may, upon written notice, select an optional settlement. Such optional settlement may be revoked by written notice. If the insured does not select one of the optional settlements, as set out under the provisions of the policy, the insurance shall be payable in 240 monthly installments unless the beneficiary elects in writing a different option.

[61 FR 29025, June 7, 1996]

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