Sec. 404. POLICIES ENTITLED TO PROTECTION AND LAPSE OF POLICIES

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## SEC. 404 POLICIES ENTITLED TO PROTECTION AND LAPSE OF POLICIES **[**[50 U.S.C. 3974](/us/usc/t50/s3974)**]** ###

(a)Determination The Secretary of Veterans Affairs shall determine whether a policy is entitled to protection under this title and shall notify the insured and the insurer of that determination. ###

(b)Lapse Protection A policy that the Secretary determines is entitled to protection under this title shall not lapse or otherwise terminate or be forfeited for the nonpayment of a premium, or interest or indebtedness on a premium, after the date on which the application for protection is received by the Secretary. ###

(c)Time Application The protection provided by this title applies during the insured's period of military service and for a period of two years thereafter.

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U.S. Code

Policies entitled to protection and lapse of policies
§ 3974

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Sec. 404

POLICIES ENTITLED TO PROTECTION AND LAPSE OF POLICIES

U.S.C.§ 3974

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