Insurance Protections
Life Insurance Protection
50 U.S.C. § 3972
Definition
SCRA protection preventing life insurance policies from lapsing due to nonpayment of premiums during military service. The government may pay premiums on policies up to $250,000, and the policy remains in effect.
Legal Reference
This term is defined in 50 U.S.C. § 3972 of the Servicemembers Civil Relief Act.