38 USC § 1902 - Premium rates and policy values

---
identifier: "/us/usc/t38/s1902"
source: "usc"
legal_status: "official_legal_evidence"
title: "38 USC § 1902 - Premium rates and policy values"
title_number: 38
title_name: "VETERANS’ BENEFITS"
section_number: "1902"
section_name: "Premium rates and policy values"
chapter_number: 19
chapter_name: "INSURANCE"
subchapter_number: "I"
subchapter_name: "NATIONAL SERVICE LIFE INSURANCE"
part_number: "II"
part_name: "GENERAL BENEFITS"
positive_law: true
currency: "119-84"
last_updated: "2026-04-21"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1148, § 702; renumbered § 1902, Pub. L. 102–83, § 5(a), Aug. 6, 1991, 105 Stat. 406.)"
---


# § 1902. Premium rates and policy values

Premium rates for insurance shall be the net rates based upon the American Experience Table of Mortality and interest at the rate of 3 per centum per annum. All cash, loan, paid-up, and extended values, and all other calculations in connection with insurance, shall be based upon said American Experience Table of Mortality and interest at the rate of 3 per centum per annum.

---

**Source Credit**: (Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1148, § 702; renumbered § 1902, Pub. L. 102–83, § 5(a), Aug. 6, 1991, 105 Stat. 406.)

## Editorial Notes

### Prior Provisions

Prior section 1902 was renumbered .

Another prior section 1902, , , , related to limitation on types of assistance furnished and veterans otherwise entitled, prior to the general revision of chapter 39 of this title by . See sections 3902 and 3903 of this title.

### Amendments

1991— renumbered  as this section.