[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: 38CFR8.17]

[Page 511]
 
            TITLE 38--PENSIONS, BONUSES, AND VETERANS' RELIEF
 
                CHAPTER I--DEPARTMENT OF VETERANS AFFAIRS
 
PART 8_NATIONAL SERVICE LIFE INSURANCE--Table of Contents
 
Sec.  8.17  Discontinuance of premium waiver.

    (a) The Secretary may require proof of continuance of total 
disability at any time the Secretary may deem same necessary. In the 
event it is found that an insured is no longer totally disabled, the 
waiver of premiums shall cease as of the date of such finding, and the 
insurance may be continued by payment of premiums, the due date of the 
first premium payable being the next regular monthly due date of the 
premium under the policy. The insurance shall not lapse prior to the 
date of expiration of the grace period allowed for the payment of such 
premium or prior to the expiration of 31 days after date of notice to 
the insured of the termination of the premium waiver, whichever is the 
later date. Such notice shall be sent by registered mail or by certified 
mail and sufficient notice will be deemed to have been given when such 
letter has been placed in the mails by the Department of Veterans 
Affairs: Provided, That the Secretary may grant an additional period of 
not more than 31 days for payment of the premiums in any case in which 
it is shown that the failure to make payment within 31 days after notice 
as defined in this paragraph was due to circumstances beyond the 
insured's control; but the premiums in any such case must be paid during 
the lifetime of the insured. The failure of the insured to furnish a 
correct current address at which mail will reach him or her promptly 
shall not be grounds for a further extension of time for payment of 
premiums under this section.
    (b) In the event a finding that insured is no longer totally 
disabled is made at the same time a finding is made of total disability 
entitling the insured to a waiver of premiums while so disabled, the 
waiver of premiums shall cease as of the date on which total disability 
ceased and continuance of the insurance in such cases shall be subject 
to the timely payment of the premiums as they become or have become due 
and payable. The due date of the first premium payable subsequent to the 
date total disability ceased is the next regular due date of the premium 
under the policy, and if such premium was not paid within 31 days after 
the due date, the insurance lapsed.
    (c) If the insured shall fail to cooperate with the Secretary in 
securing any evidence he may require to determine whether total 
disability has continued, the premium waiver shall cease effective as of 
the date finding is made of such failure to cooperate, and the insurance 
may be continued by payment of the premiums within 31 days after notice 
of termination as provided in paragraph (a) of this section.

[13 FR 7114, Nov. 27, 1948, as amended at 25 FR 8776, Sept. 13, 1960; 47 
FR 11658, Mar. 18, 1982. Redesignated at 61 FR 29290, June 10, 1996. 
Redesignated at 65 FR 7437, Feb. 15, 2000]