Volume 78 · 302
Public Law 88–364
To amend section 712 of title 38 of the United states Code to provide for waiver of premiums for certain veterans holding national service life insurance policies who become or have become totally disabled before their sixty-fifth birthday.
Approved July 7, 1964
Statutory text
AN ACT
To amend section 712 of title 38 of the United states Code to provide for waiver of premiums for certain veterans holding national service life insurance policies who become or have become totally disabled before their sixty-fifth birthday.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That effective January 1, 1965, subsection (a) of section 712 of title 38, United States Code, is amended to read as follows:
“(a) Upon application by the insured and under such regulations as the Administrator may promulgate, payment of premiums on insurance may be waived during the continuous total disability of the insured, which continues or has continued for six or more consecutive months, if such disability began (1) after the date of his application for insurance, (2) while the insurance was in force under premium-paying conditions, and (3) before the insured’s sixty-fifth birthday. Notwithstanding any other provision of this chapter, in any case in which the total disability of the insured commenced on or after his sixtieth birthday but before his sixty-fifth birthday, the Administrator shall not grant waiver of any premium becoming due prior to January 1, 1965,”
Approved July 7, 1964.