|Servicemembers Civil Relief Act (SCRA)|
|Section 402 - Insurance rights and protections|
(a) RIGHTS AND PROTECTIONS- The rights and protections under this title apply to the insured when--
(b) NOTIFICATION AND APPLICATION- The Secretary of Veterans Affairs shall notify the Secretary concerned of the procedures to be used to apply for the protections provided under this title. The applicant shall 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 title for a servicemember may 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.
Next page > Section 403 - Application for insurance protection