[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: 38CFR6.8]

[Page 492]
 
            TITLE 38--PENSIONS, BONUSES, AND VETERANS' RELIEF
 
                CHAPTER I--DEPARTMENT OF VETERANS AFFAIRS
 
PART 6_UNITED STATES GOVERNMENT LIFE INSURANCE--Table of Contents
 
Sec. 6.8  Selection, revocation and election.

    The insured under a United States Government Life Insurance policy 
may, upon written notice, select an optional settlement. Such optional 
settlement may be revoked by written notice. If the insured does not 
select one of the optional settlements, as set out under the provisions 
of the policy, the insurance shall be payable in 240 monthly 
installments unless the beneficiary elects in writing a different 
option.

[61 FR 29025, June 7, 1996]