Fair Insurance Premiums for Disabled Veterans Act

Summary

Fair Insurance Premiums for Disabled Veterans Act - Amends Federal provisions concerning service-disabled veterans' life insurance to state that the premium rates for such insurance: (1) for months beginning before the date of enactment of this Act shall be based upon the Commissioners 1941 Standard Ordinary Table of Mortality and interest at the rate of 2 and one-fourth percent per year; and (2) for months beginning on or after the date of enactment of this Act shall be based upon the 2001 Commissioners Standard Ordinary Table of Mortality at a four and one-half percent interest rate. Makes the same changes with respect to all policy cash, loan, paid-up, and extended values. Increases from $90,000 to $200,000 the maximum amount of veterans' mortgage life insurance coverage.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 28 April 2004

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• Introduced in House (PDF)

  Introduced in House · EN · 28 April 2004

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• Introduced in House

  summary · EN · 28 April 2004

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