An original bill to amend title 38, United States Code, to improve Servicemembers' Group Life Insurance and Veterans' Group Life Insurance and to modify the provision of compensation and pension to surviving spouses of veterans in months of the deaths of the veterans, and for other purposes.

[AI summary unavailable — showing source text] Extends, for those separated or released on or after June 15, 2005, the termination of Servicemembers' Group Life Insurance (SGLI) coverage for totally disabled veterans to two years after their separation or release from active duty or active duty for training of at least 30 days. Allows a veteran under age 60 and insured under Veterans' Group Life Insurance (VGLI) for less than the maximum SGLI amount ($400,000) to increase at renewal the VGLI coverage by up to $25,000 at the time of renewal. Entitles a surviving spouse to a benefit for the month of a veteran's death if, at the time of the veteran's death: (1) the veteran was receiving veterans' disability compensation or veteran's pension; or (2) the veteran was not receiving such compensation or pension but had a claim pending for the month of the veteran's death for which benefits would have been payable had the veteran not died. Prohibits the Secretary of Veterans Affairs (VA) from requesting the return of a check or payment made to a surviving spouse, in the month in which the veteran's death occurs, as additional compensation for a dependent or additional pension as a married veteran. Includes under the VA's presidential me…