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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 38 U.S.C. § 1950 Payment to estates us united_states_code code_section 38 VETERANS BENEFITS 19 INSURANCE 1950 38 U.S.C. § 1950 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc38@119-100.zip /us/usc/t38/s1950 data/legal/raw/us/code/title-38/usc38.xml f9c53bab2fe8bfc3fc7a632c7823044db0d9f8b515b827a8ef1329b96a668764 372998691b72ade88787dfa7633dbda4954bd1b037ec7926c5e06e9b1d17fc66 2bb3d667890a2b4388aa0e7acbe223916946fbd80cb2ad5ea44a03a84014c4b7 2026-07-04 official
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38 U.S.C. § 1950 - Payment to estates

Text

If no beneficiary of insurance is designated by the insured, either while alive or by last will, or if the designated beneficiary does not survive the insured, then there shall be paid to the estate of the insured the present value of the remaining unpaid monthly installments. If the designated beneficiary survives the insured and dies before receiving all of the installments of insurance payable and applicable, then there shall be paid to the estate of such beneficiary the present value of the remaining unpaid monthly installments. No payments shall be made to any estate which under the laws of the residence of the insured or the beneficiary, as the case may be, would escheat, but same shall escheat to the United States and be credited to the United States Government Life Insurance Fund.

(Pub. L. 85857, Sept. 2, 1958, 72 Stat. 1160, § 750; Pub. L. 99576, title VII, § 701(31), Oct. 28, 1986, 100 Stat. 3293; renumbered § 1950, Pub. L. 10283, § 5(a), Aug. 6, 1991, 105 Stat. 406.)

Notes

Editorial Notes

Amendments1991—Pub. L. 10283 renumbered section 750 of this title as this section. 1986—Pub. L. 99576 substituted “while alive or by last will” for “in his lifetime or by his last will and testament”.