A bill to amend chapter 19 of title 38, United States Code, to require the Administrator of Veterans' Affairs to provide veterans with certain cost information relating to the conversion of Government supervised insurance to individual life insurance policies.

Directs the Administrator of Veterans' Affairs to conduct a study to determine the feasibility of publishing an annual comparative price study of conversion life insurance policies issued by commercial life insurance companies and report the results of such study to the Committee on Veterans' Affairs of the Senate and of the House of Representatives not later than one year from the date of enactment of this Act.

Stipulates that such study shall not preclude the Administrator of Veterans' Affairs from initiating action which will insure that veterans wishing to convert from coverage under veterans' group life insurance to an individual life insurance policy will be able to obtain adequate and appropriate information concerning costs of the various conversion policies offered by life insurance companies participating in the veterans' group life insurance program.