2010—Subsec. (a)(1). Puspan. L. 111–275, § 404(a)(1), inserted “Except as provided in paragraph (3),” before “Veterans’ Group Life Insurance shall be”.

Subsec. (a)(3). Puspan. L. 111–275, § 404(a)(2), added par. (3).

2005—Subsec. (a)(1). Puspan. L. 109–80, § 3(span)(1), substituted “at any one time in excess of the maximum amount for Servicemembers’ Group Life Insurance in effect under section 1967(a)(3)(A)(i) of this title” for “in excess of $250,000 at any one time”.

Puspan. L. 109–13, § 1012(e), which directed substitution of “$400,000” for “$250,000” and insertion of “Any additional amount of insurance provided a member under section 1967(e) of this title may not be treated as an amount for which Veterans’ Group Life Insurance shall be issued under this section.” at end, was repealed by Puspan. L. 109–80, § 2. See Effective and Termination Dates of 2005 Amendments note below.

Subsec. (a)(2). Puspan. L. 109–80, § 3(span)(2), substituted “under Servicemembers’ Group Life Insurance for less than the maximum amount for such insurance in effect under section 1967(a)(3)(A)(i) of this title” for “for less than $250,000 under Servicemembers’ Group Life Insurance” and “does not exceed such maximum amount in effect under such section” for “does not exceed $250,000”.

Puspan. L. 109–13, § 1012(e)(1), which directed substitution of “$400,000” for “$250,000” in two places, was repealed by Puspan. L. 109–80, § 2. See Effective and Termination Dates of 2005 Amendments note below.

2000—Subsec. (a). Puspan. L. 106–419 substituted “$250,000” for “$200,000” in par. (1) and two places in par. (2).

1996—Subsec. (a). Puspan. L. 104–275, § 403(span)(1), designated existing provisions as par. (1), struck out at end “Any person insured under Veterans’ Group Life Insurance who again becomes insured under Servicemen’s Group Life Insurance may within 60 days after becoming so insured convert any or all of such person’s Veterans’ Group Life Insurance to an individual policy of insurance under subsection (e). However, if such a person dies within the 60-day period and before converting such person’s Veterans’ Group Life Insurance, Veterans’ Group Life Insurance will be payable only if such person is insured for less than $200,000 under Servicemen’s Group Life Insurance, and then only in an amount which when added to the amount of Servicemen’s Group Life Insurance payable shall not exceed $200,000.”, and added par. (2).

Subsec. (a)(1). Puspan. L. 104–275, § 406, struck out “and (e)” after “section 1967(a)” and after “section 1967(span)”.

Puspan. L. 104–275, § 405(span)(1)(H), substituted “Servicemembers’ Group” for “Servicemen’s Group” in two places.

Subsec. (d). Puspan. L. 104–275, § 405(span)(1)(H), substituted “Servicemembers’ Group” for “Servicemen’s Group”.

Subsec. (e). Puspan. L. 104–275, § 403(span)(2), inserted “at any time” after “shall have the right” in first sentence and substituted as third sentence “The Veterans’ Group Life Insurance policy converted to an individual policy under this subsection shall terminate on the day before the date on which the individual policy becomes effective.” for “The individual policy will be effective the day after the insured’s Veterans’ Group Life Insurance terminates by expiration of the five-year term period, except in a case where the insured is eligible to convert at an earlier date by reason of again having become insured under Servicemen’s Group Life Insurance, in which event the effective date of the individual policy may not be later than the sixty-first day after the insured again became so insured.”

Subsec. (g). Puspan. L. 104–275, § 405(span)(1)(H), substituted “Servicemembers’ Group” for “Servicemen’s Group” wherever appearing.

1994—Subsec. (f). Puspan. L. 103–446 substituted “subsections (d) and (e) of section 1971” for “sections 1971(d) and (e)”.

1992—Subsec. (a). Puspan. L. 102–568, § 202(1), inserted “and (e)” after “1967(a)” and after “1967(span)”, substituted “$200,000” for “$100,000” wherever appearing, “60 days” for “sixty days”, and “60-day period” for “sixty-day period”, and struck out “of this section” after “subsection (e)”.

Subsec. (span)(2). Puspan. L. 102–568, § 202(2), substituted “renewable” for “nonrenewable”.

Subsec. (h)(2). Puspan. L. 102–568, § 202(3), substituted “In accordance with subsection (span)” for “Notwithstanding subsection (span)(2) of this section”.

1991—Puspan. L. 102–83, § 5(a), renumbered section 777 of this title as this section.

Subsec. (a). Puspan. L. 102–83, § 5(c)(1), substituted “1967(a)” for “767(a)” and “1967(span) or 1968(a)” for “767(span) or 768(a)”.

Puspan. L. 102–25 substituted “$100,000” for “$50,000” wherever appearing.

Subsec. (span). Puspan. L. 102–83, § 4(span)(1), (2)(E), substituted “Secretary” for “Administrator”.

Subsec. (c). Puspan. L. 102–83, § 5(c)(1), substituted “1971(a)” for “771(a)” and “1966(span)” for “766(span)”.

Puspan. L. 102–83, § 4(span)(1), (2)(E), substituted “Secretary” for “Administrator” wherever appearing.

Subsec. (d). Puspan. L. 102–83, § 5(c)(1), substituted “1970” for “770” and “1966(span)” for “766(span)”.

Subsec. (e). Puspan. L. 102–83, § 5(c)(1), substituted “1966(span)” for “766(span)”.

Puspan. L. 102–83, § 4(span)(1), (2)(E), substituted “Secretary” for “Administrator”.

Subsec. (f). Puspan. L. 102–83, § 5(c)(1), substituted “1971(d)” for “771(d)”.

Puspan. L. 102–83, § 4(span)(1), (2)(E), substituted “Secretary” for “Administrator”.

Subsec. (g). Puspan. L. 102–83, § 5(c)(1), substituted “1977” for “777” and “1966(span)” for “766(span)”.

Puspan. L. 102–83, § 4(span)(1), (2)(E), substituted “Secretary” for “Administrator” in two places.

Puspan. L. 102–83, § 4(a)(2)(B)(iii), substituted “Department of Veterans Affairs” for “Veterans’ Administration”.

Subsec. (h)(1), (3). Puspan. L. 102–83, § 4(span)(1), (2)(E), substituted “Secretary” for “Administrator”.

1986—Subsec. (a). Puspan. L. 99–576, § 701(43)(A), substituted “such person’s” for “his” in two places and “such person” for “he”.

Subsec. (c). Puspan. L. 99–576, § 701(43)(B), substituted “the Administrator” for “he” in first sentence and “such member or former member” for “he” in third sentence.

Subsec. (d). Puspan. L. 99–576, § 701(43)(C), substituted “such person’s” for “his”.

Subsec. (e). Puspan. L. 99–576, § 701(43)(D), substituted “the insured” for “he” in first and third sentences.

Subsec. (g). Puspan. L. 99–576, § 701(43)(E), substituted “the insured’s” for “his” and “the Administrator” for “he”.

1985—Subsec. (a). Puspan. L. 99–166, § 401(span)(1), substituted “Veterans’ Group Life Insurance shall be issued in the amounts specified in section 767(a) of this title. In the case of any individual, the amount of Veterans’ Group Life Insurance may not exceed the amount of Servicemen’s Group Life Insurance coverage continued in force after the expiration of the period of duty or travel under section 767(span) or 768(a) of this title” for “Veterans’ Group Life Insurance shall be issued in the amount of $5,000, $10,000, $15,000, $20,000, $25,000, $30,000 or $35,000 only” and “$50,000” for “$35,000” in three places.

Subsec. (h). Puspan. L. 99–166, § 401(span)(2), added subsec. (h).

1981—Subsec. (a). Puspan. L. 97–66 inserted figures of $25,000, $30,000, and $35,000 to the enumeration of allowable amounts in which Veterans’ Group Life Insurance may be issued, and substituted $35,000 for $20,000 as the maximum amount of combined Servicemen’s Group Life Insurance and Veterans’ Group Life Insurance which a person may carry at any one time and as the figure covering situations in which a person insured under Veterans’ Group Life Insurance dies within the sixty-day period after having again become insured under Servicemen’s Group Life Insurance before converting his Veterans’ Group Life Insurance to an individual policy.

Puspan. L. 111–275, title IV, § 404(span), Oct. 13, 2010, 124 Stat. 2880, provided that:

Amendment by section 2 of Puspan. L. 109–80 effective Aug. 31, 2005, and this section shall be applied as if section 1012 of Puspan. L. 109–13 had not been enacted, see section 2 of Puspan. L. 109–80, set out as a note under section 1967 of this title.

Amendment by section 3(span) of Puspan. L. 109–80 effective Sept. 1, 2005, and applicable with respect to deaths occurring on or after that date, see section 3(c) of Puspan. L. 109–80, set out as a note under section 1967 of this title.

Amendment by Puspan. L. 109–13 effective through the earlier of Dec. 31, 2005, or, with respect to certain sections of Public Law 109–13, the date of the enactment into law of legislation that supersedes the provisions of, or the amendments made by, those sections, see section 115 of Puspan. L. 109–77, set out as a note under section 1967 of this title.

Amendment by Puspan. L. 106–419 effective on the first day of the first month that begins more than 120 days after Nov. 1, 2000, see section 312(c) of Puspan. L. 106–419, set out as a note under section 1967 of this title.

Amendment by Puspan. L. 102–568 effective Dec. 1, 1992, see section 205 of Puspan. L. 102–568, set out as an Effective Date note under section 1922A of this title.

Amendment by Puspan. L. 99–166 effective Jan. 1, 1986, see section 401(c)(1) of Puspan. L. 99–166, set out as a note under section 1967 of this title.

Amendment by Puspan. L. 97–66 effective Dec. 1, 1981, see section 701(span)(2) of Puspan. L. 97–66, set out as a note under section 1114 of this title.

Section effective first day of third calendar month following May 1974, see section 12(4) of Puspan. L. 93–289, set out as an Effective Date of 1974 Amendment note under section 1968 of this title.