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Right To Renew Life Insurance For Veterans Expanded
The Veterans Administration announced two amendments allow renewals of term life policies held by veterans and service members every five years without medical exams. Public Laws 104 and 101 let National Service Life Insurance and United States Government Life Insurance renewals continue indefinitely, with higher premiums tied to age at renewal, prompting VA to urge conversion to permanent coverage.
MENTIONED IN THIS ARTICLE
Veterans Administration
United States
Congress