38-U.S.C.-1947
§1947 – Incontestability
Pathway
Title 38 > Part II > Chapter 19 > Subchapter II > Section 1947
Details
- Reference: Section 1947
- Legend: §1947 – Incontestability
- USCode Year: 2013
Provision Content
Subject to the provisions of section 1954 of this title all contracts or policies of insurance heretofore or hereafter issued, reinstated, or converted shall be incontestable from the date of issuance, reinstatement, or conversion, except for fraud, nonpayment of premiums, or on the ground that the applicant was not a member of the military or naval forces of the United States. The insured under such contract or policy may, without prejudicing the insureds rights, elect to make claim to the Department or to bring suit under section 1984 of this title on any prior contract or policy, and if found entitled thereto, shall, upon surrender of any subsequent contract or policy, be entitled to payments under the prior contract or policy. In any case in which a contract or policy of insurance is canceled or voided after March 16, 1954, because of fraud, the Secretary shall refund to the insured, if living, or, if deceased, to the person designated as beneficiary (or if none survives, to the estate of the insured) all money, without interest, paid as premiums on such contract or policy for any period subsequent to two years after the date such fraud induced the Secretary to issue, reinstate, or convert such insurance less any dividends, loan, or other payment made to the insured under such contract or policy.
(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1159, §747; Pub. L. 99–576, title VII, §701(30), Oct. 28, 1986, 100 Stat. 3293; renumbered §1947 and amended Pub. L. 102–83, §§4(a)(2)(A)(iii)(VI), (3), (4), (b)(1), (2)(E), 5(a), (c)(1), Aug. 6, 1991, 105 Stat. 403–406.)
Amendments
1991—Pub. L. 102–83, §5(a), renumbered section 747 of this title as this section.
Pub. L. 102–83, §5(c)(1), substituted 1954 for 754 and 1984 for 784.
Pub. L. 102–83, §4(b)(1), (2)(E), substituted Secretary for Administrator before shall in last sentence.
Pub. L. 102–83, §4(a)(3), (4), substituted Department for Veterans’ Administration.
Pub. L. 102–83, §4(a)(2)(A)(iii)(VI), substituted Secretary for Veterans’ Administration before to issue in last sentence.
1986—Pub. L. 99–576 substituted the insureds for his.
U.S. Encyclopedia of Law Coverage
38-U.S.C.-1919 in the Legal Encyclopedia: Veterans
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38-U.S.C.-1927 in the Legal Encyclopedia: Life Insurance
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38-U.S.C.-1916 in the Legal Encyclopedia: Insurance
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38-U.S.C.-1927 in the Legal Encyclopedia: Benefits
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