A bill to provide for certain insurance benefits for the beneficiaries of servicemen who died early in the Vietnam conflict.

Provides that any serviceman who died during the period from January 1, 1963, through September 28, 1965, shall be deemed to have been insured against death in the amount of $10,000.

States that from the money paid to any individual, the Administrator of Veterans' Affairs shall deduct a sum equal to the cost of having insured such member from his first day of active duty (being not earlier than January 1, 1963) through the date of death of the serviceman. (Adds 38 U.S.C. 777)