Sec. 3. BENEFICIARY DESIGNATION PROCESS UNDER DEPARTMENT OF VETERANS AFFAIRS LIFE INSURANCE PROGRAMS
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## SEC. 3 BENEFICIARY DESIGNATION PROCESS UNDER DEPARTMENT OF VETERANS AFFAIRS LIFE INSURANCE PROGRAMS ###
(a)NSLI Section 1917 of title 38, United States Code, is amended by striking subsection
(a)and inserting the following: > > ### “(a) > > > ####
(1)> > A person who enrolls in insurance maturing on or after August 1, 1946, may designate a beneficiary of the insurance policy. The insured shall, subject to regulations, at all times have the right to change the beneficiary or beneficiaries of such insurance without the consent of such beneficiary or beneficiaries. > > > #### “(2) > > If a person enrolled in insurance maturing on or after August 1, 1946, does not designate a beneficiary under paragraph
(1)before the veteran dies, or if a designated beneficiary predeceases the veteran, the Secretary shall determine the beneficiary in the following order: > > > ##### “(A) > > The surviving spouse of the insured person. > > > ##### “(B) > > The children of the insured person and descendants of deceased children by representation. > > > ##### “(C) > > The parents of the insured person or the survivors of the parents. > > > ##### “(D) > > The duly appointed executor or administrator of the estate of the insured person. > > > ##### “(E) > > Other next of kin of the insured person entitled under the laws of domicile of the insured person at the time of the death of the insured person.” > . ###
(b)USGLI ####
(1)In general Section 1949 of such title is amended to read as follows: > > ## “SEC. 1949 Beneficiaries > > > ### “(a) Designation > > A person who enrolls in United States Government life insurance may designate a beneficiary of the insurance policy. Subject to regulations, the insured person shall at all times have the right to change the beneficiary or beneficiaries of a United States Government life insurance policy without the consent of such beneficiary or beneficiaries. > > > ### “(b) Determination in Cases of Non-Designation > > If a person enrolled in United States Government life insurance does not designate a beneficiary under subsection
(a)before the insured person dies, or if a designated beneficiary predeceases the insured person, the Secretary shall determine the beneficiary in the following order: > > > #### “(1) > > The surviving spouse of the insured person. > > > #### “(2) > > The children of the insured person and descendants of deceased children by representation. > > > #### “(3) > > The parents of the insured person or the survivors of the parents. > > > #### “(4) > > The duly appointed executor or administrator of the estate of the insured person. > > > #### “(5) > > Other next of kin of the insured person entitled under the laws of domicile of the insured person at the time of the death of the insured person.” > . ####
(2)Clerical amendment **[**[38 U.S.C. 1901](/us/usc/t38/s1901)**]** The table of sections at the beginning of chapter 19 of such title is amended by striking the item relating to section 1949 and inserting the following new item:" “1949. Beneficiaries.” ". ###
(c)Effective Date **[**[38 U.S.C. 1917 note](/us/usc/t38/s1917)**]** The amendments made by this section shall apply with respect to the death of an insured person occurring on or after the date that is two years before the date of the enactment of this Act.
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Sec. 3
BENEFICIARY DESIGNATION PROCESS UNDER DEPARTMENT OF VETERANS AFFAIRS LIFE INSURANCE PROGRAMS
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