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

  • 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.
  • Short: Federal Life Insurance Transparency Act as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
01/05/11
 
 
 
 
 
 
 

Official Summary

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 t

Official Summary

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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