[Code of Federal Regulations] [Title 38, Volume 1] [Revised as of January 1, 2007] From the U.S. Government Printing Office via GPO Access [CITE: 38CFR6.10] [Page 493] TITLE 38--PENSIONS, BONUSES, AND VETERANS' RELIEF CHAPTER I--DEPARTMENT OF VETERANS AFFAIRS PART 6_UNITED STATES GOVERNMENT LIFE INSURANCE--Table of Contents Sec. 6.10 Options. Insurance will be payable in one sum only when selected by the insured during his or her lifetime or by his or her last will and testament. [61 FR 29025, June 7, 1996] Dividends