
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 38USC1945]

 
                      TITLE 38--VETERANS' BENEFITS
 
                        PART II--GENERAL BENEFITS
 
                          CHAPTER 19--INSURANCE
 
         SUBCHAPTER II--UNITED STATES GOVERNMENT LIFE INSURANCE
 
Sec. 1945. Renewal

    At the expiration of any term period any insurance policy issued on 
the five-year level premium term plan which has not been exchanged or 
converted to a permanent plan of insurance and which is not lapsed shall 
be renewed as level premium term insurance without application for a 
successive five-year period at the premium rate for the attained age 
without medical examination. However, renewal shall be effected in cases 
where the policy is lapsed only if the insured makes application for 
reinstatement and renewal of the insured's term policy within five years 
after the date of lapse, and reinstatement in such cases shall be under 
the terms and conditions prescribed by the Secretary.

(Pub. L. 85-857, Sept. 2, 1958, 72 Stat. 1159, Sec. 745; Pub. L. 91-291, 
Sec. 11, June 25, 1970, 84 Stat. 331; Pub. L. 99-576, title VII, 
Sec. 701(30), Oct. 28, 1986, 100 Stat. 3293; renumbered Sec. 1945 and 
amended Pub. L. 102-83, Secs. 4(b)(1), (2)(E), 5(a), Aug. 6, 1991, 105 
Stat. 404-406.)


                               Amendments

    1991--Pub. L. 102-83 renumbered section 745 of this title as this 
section and substituted ``Secretary'' for ``Administrator''.
    1986--Pub. L. 99-576 substituted ``the insured's'' for ``his''.
    1970--Pub. L. 91-291 struck out effective date provision for renewal 
of policies, provisions that, in case of lapsed policies, such lapse 
have occurred within two months before the expiration of the term 
period, special provisions for the interim period between July 23, 1953 
and December 31, 1953, and provisions that the section take effect on 
Sept. 2, 1958, and required that the insurer make application for 
reinstatement and renewal of his term policy within five years after the 
date of the lapse.


                    Effective Date of 1970 Amendment

    Amendment by Pub. L. 91-291 effective June 25, 1970, see section 
14(a) of Pub. L. 91-291, set out as a note under section 1317 of this 
title.
