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.

Authorizes and directs the Administrator of Veterans' Affairs to require each insurance company offering an individual insurance policy to furnish each eligible veteran prior to the sale of any such life insurance policy, such cost disclosure and other relevant information as is necessary for such veteran to make a rational choice of policies upon conversion of the Government supervised life insurance.