U.S. Code > Appendix to Title 50 > SERVICEMEMBERS CIVIL RELIEF ACT— (§§ 501—596) > ACT OCT. 17, 1940, CH. 888, 54 STAT. 1178— (§§ 501—596) > TITLE IV—LIFE INSURANCE (§§ 541—549) > § 544. Policies entitled to protection and lapse of policies

§ 544. Policies entitled to protection and lapse of policies

(a) Determination
The Secretary of Veterans Affairs shall determine whether a policy is entitled to protection under this title [sections 541 to 549 of this Appendix] and shall notify the insured and the insurer of that determination.
(b) Lapse protection
A policy that the Secretary determines is entitled to protection under this title [sections 541 to 549 of this Appendix] shall not lapse or otherwise terminate or be forfeited for the nonpayment of a premium, or interest or indebtedness on a premium, after the date on which the application for protection is received by the Secretary.
(c) Time application
The protection provided by this title [sections 541 to 549 of this Appendix] applies during the insured’s period of military service and for a period of two years thereafter.