[Federal Register: June 10, 2008 (Volume 73, Number 112)]
[Notices]
[Page 32791-32792]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr10jn08-112]
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DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0166]
Agency Information Collection (Application for Ordinary Life
Insurance) Activities Under OMB Review
AGENCY: Veterans Benefits Administration, Department of Veterans
Affairs.
ACTION: Notice.
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SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995
(44 U.S.C. 3501-3521), this notice announces that the Veterans Benefits
Administration (VBA), Department of Veterans Affairs, will submit the
collection of information abstracted below to the Office of Management
and Budget (OMB) for review and comment. The PRA submission describes
the nature of the information collection and its expected cost and
burden; it includes the actual data collection instrument.
DATES: Comments must be submitted on or before July 10, 2008.
ADDRESSES: Submit written comments on the collection of information
through http://www.Regulations.gov; or to VA's OMB Desk Officer, OMB
Human Resources and Housing Branch, New Executive Office Building, Room
10235, Washington, DC 20503 (202) 395-7316. Please refer to ``OMB
Control No. 2900-0166'' in any correspondence.
FOR FURTHER INFORMATION CONTACT: Denise McLamb, Records Management
Service (005R1B), Department of Veterans Affairs, 810 Vermont Avenue,
NW., Washington, DC 20420, (202) 461-7485, fax (202) 273-0443 or e-mail
denise.mclamb@mail.va.gov. Please refer to ``OMB Control No. 2900-
0166.''
SUPPLEMENTARY INFORMATION:
Titles:
a. Application for Ordinary Life Insurance, Replacement Insurance
for Modified Life Reduced at Age 65, National Service Life Insurance,
VA Form 29-8485.
b. Application for Ordinary Life Insurance, Replacement Insurance
for Modified Life Reduced at Age 70, National Service Life Insurance,
VA Form 29-8485a.
c. Application for Ordinary Life Insurance, Replacement Insurance
for Modified Life Reduced at Age 65, National Service Life Insurance,
VA Form 29-8700.
d. Application for Ordinary Life Insurance, Replacement Insurance
for Modified Life Reduced at Age 70, National Service Life Insurance,
VA Form 29-8701.
e. Information About Modified Life Reduction, VA Forms 29-8700a-e
and VAForms 29-8701a-e.
OMB Control Number: 2900-0166.
Type of Review: Extension of a currently approved collection.
Abstract: Policyholders use the forms to apply for replacement of
Modified Life insurance. Modified Life insurance coverage is reduced
automatically by one-half from its present face value on the day before
a policyholder's 65th and 70th birthdays. Policyholders who wish to
maintain the same amount of coverage must purchase whole life insurance
prior to their 65th and 70th birthdays to replace the coverage that
will be lost when the Modified Life insurance is reduced.
An agency may not conduct or sponsor, and a person is not required
to respond to a collection of information unless it displays a
currently valid OMB control number. The Federal Register Notice with a
60-day comment period soliciting comments on this collection of
information was published on March 25, 2008, at pages 15845-15846.
Affected Public: Individuals or households.
Estimated Annual Burden: 1,284 hours.
Estimated Average Burden per Respondent: 5 minutes.
Frequency of Response: One time.
Estimated Number of Respondents: 15,400.
Dated: May 30, 2008.
[[Page 32792]]
By direction of the Secretary.
Denise McLamb,
Program Analyst, Records Management Service.
[FR Doc. E8-12921 Filed 6-9-08; 8:45 am]
BILLING CODE 8320-01-P