The insurance will be protected from default for nonpayment of premiums for up to $400,000. The protection applies during the insured's period of military service and for a period of two years thereafter.

• The policy must be whole life, endowment, universal life, or term insurance,
• The policy must have been in force on a premium-paying basis for at least six months at the time the servicemember applies, for benefits, and prior to the date of the insured's entry into military service,
• The member remains responsible for paying the premiums following service,
• Military service cannot cause benefits from the policy to be limited, reduced, or excluded.