38 CFR 8.36 – Issuance of coverage under section 1922B of title 38 U.S.C. following additional elections
Current as of: 2024 | Check for updates
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An insured who elects less than the maximum amount of VALife coverage under 38 U.S.C. § 1922B(a)(4)(A) shall remain eligible to purchase additional VALife coverage up to the VALife statutory maximum. Any insured who elects to apply for additional VALife coverage shall be subject to the two-year waiting period imposed by 38 U.S.C. § 1922B(c)(2) before such additional VALife coverage is in force.
(The Office of Management and Budget has approved the information collection provisions in this section under control number 2900-0906.)