A bill to amend title 38 of the United States Code to provide certain National Service Life Insurance policyholders an opportunity to double their National Service Life Insurance coverage.

[AI summary unavailable — showing source text] Allows any person holding a National Service Life Insurance policy, except a service disabled veteran's policy, to double his National Service Life Insurance Coverage, at premium rates which fully cover the Government's cost in providing such additional insurance. Stipulates that five-year term plans must be converted to permanent plans in order to qualify for such additional coverage.…