50 U.S.C. § 3972 — Insurance rights and protections

(a) Rights and protections The rights and protections under this subchapter apply to the insured^* when—
(1) the insured,
(2) the insured’s legal representative, or
(3) the insured’s beneficiary in the case of an insured who is outside a State^*, applies in writing for protection under this subchapter, unless the Secretary of Veterans Affairs determines that the insured’s policy^* is not entitled to protection under this subchapter.
(b) Notification and application The Secretary of Veterans Affairs must notify the Secretary concerned^* of the procedures to be used to apply for the protections provided under this subchapter. The applicant must send the original application to the insurer^* and a copy to the Secretary of Veterans Affairs.
(c) Limitation on amount The total amount of life insurance coverage protection provided by this subchapter for a servicemember^* must not exceed $250,000, or an amount equal to the Servicemember’s Group Life Insurance maximum limit, whichever is greater, regardless of the number of policies submitted.