38 U.S.C. · Veterans' Benefits
38 U.S.C. § 1902

Premium rates and policy values

Ch. 19 — INSURANCE
Title 38 U.S.C. ● ACTIVE Primary Source Ch. 19
Statutory Text

38 U.S.C. § 1902 — Premium rates and policy values

U.S.C. Title 38 - VETERANS' BENEFITS 38 U.S.C. United States Code, 2023 Edition Title 38 - VETERANS' BENEFITS PART II - GENERAL BENEFITS CHAPTER 19 - INSURANCE SUBCHAPTER I - NATIONAL SERVICE LIFE INSURANCE Sec. 1902 - Premium rates and policy values From the U.S. Government Publishing Office, www.gpo.gov

§1902. Premium rates and policy values

Premium rates for insurance shall be the net rates based upon the American Experience Table of Mortality and interest at the rate of 3 per centum per annum. All cash, loan, paid-up, and extended values, and all other calculations in connection with insurance, shall be based upon said American Experience Table of Mortality and interest at the rate of 3 per centum per annum.

(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1148, §702; renumbered §1902, Pub. L. 102–83, §5(a), Aug. 6, 1991, 105 Stat. 406.)

Editorial Notes

Prior Provisions Prior section 1902 was renumbered section 3902 of this title. Another prior section 1902, Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1215, related to limitation on types of assistance furnished and veterans otherwise entitled, prior to the general revision of chapter 39 of this title by Pub. L. 91–666. See sections 3902 and 3903 of this title.

Amendments 1991—Pub. L. 102–83 renumbered section 702 of this title as this section.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 38 U.S.C. § 1902 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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