HomeLaw & Policy38 C.F.R. Title 38—Pensions, Bonuses, and Veterans' Relief38 C.F.R. source volume 1 Title 38—Pensions, Bonuses, and Veterans' Relief--Volume 138 C.F.R. ch. I CHAPTER I—DEPARTMENT OF VETERANS AFFAIRS38 C.F.R. pt. 6 PART 6—UNITED STATES GOVERNMENT LIFE INSURANCE38 C.F.R. pt. 6 Optional Settlement38 C.F.R. § 6.10 OptionsCFR Title 3838 C.F.R. § 6.10 OptionsView official source§ 6.10 Options.Insurance will be payable in one sum only when selected by the insured during his or her lifetime or by his or her last will and testament. [61 FR 29025, June 7, 1996] Previous Election of optional settlement by beneficiary