H.R.48 - Federal Life Insurance Transparency Act

To amend title 5, United States Code, to provide that payments under the Federal employees' group life insurance program shall be made in a lump sum, unless the insured or the recipient elects otherwise. view all titles (2)

All Bill Titles

  • Short: Federal Life Insurance Transparency Act as introduced.
  • Official: To amend title 5, United States Code, to provide that payments under the Federal employees' group life insurance program shall be made in a lump sum, unless the insured or the recipient elects otherwise. as introduced.

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President
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01/04/11
 
 
 
 
 
 
 

Official Summary

1/5/2011--Introduced.Federal Life Insurance Transparency Act - Requires group life insurance and group accidental death insurance payments under the federal employees' group life insurance (FEGLI) program to be made to the life insurance beneficiary in the form of a lump sum payment u

Official Summary

1/5/2011--Introduced.Federal Life Insurance Transparency Act - Requires group life insurance and group accidental death insurance payments under the federal employees' group life insurance (FEGLI) program to be made to the life insurance beneficiary in the form of a lump sum payment unless the insured or the beneficiary makes a different election.

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