WASHINGTON, Sept. 29 -- Department Of Veterans Affairs has issued a rule called: Servicemembers' Group Life Insurance and Veterans' Group Life Insurance-Accelerated Benefit Option Regulation Update.
The rule was published in the Federal Register on Sept. 29 by Taylor N. Mattson, Alternate Federal Register Liaison Officer, Department of Veterans Affairs.
Summary: The Department of Veterans Affairs (VA) amends its regulations governing Servicemembers' Group Life Insurance (SGLI), Family SGLI (FSGLI), and Veterans' Group Life Insurance (VGLI) to allow an alternate applicant to apply for an Accelerated Benefit in certain circumstances. VA also defines key terms and removes contact information and the reproduction of the Accelerated Benefit ap...