Insurance » Payment (Who receives the benefits when you die)
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When you die, the Office of Federal Employees' Group Life Insurance (OFEGLI) will pay life insurance benefits in a particular order, set by law:
If you assigned...
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Yes. Benefits are payable based on the death of an enrolled individual no matter how the death happened. However, if someone else causes your death, he or she may be...
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If the deceased is employed at the time of death, a beneficiary should provide notification of death to the deceased’s employing office. The deceased’s employing office will provide a copy...
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Life insurance proceeds are not considered taxable income for the recipients for personal income tax purposes. Interest paid on FEGLI proceeds is reportable as income for Federal Income tax purposes....
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Yes. OFEGLI can pay FEGLI benefits to a funeral home if that's what the person entitled to the money wants to happen. Funeral homes have the form to do this.
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The Office of Federal Employees' Group Life Insurance pays interest on claims from the date of the insured's death to the date of the payment. OFEGLI pays a maximum of...
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First of all, Basic and any Optional insurance is payable no matter where your death occurs.
The only amount in question is the Accidental Death and Dismemberment (AD&D) coverage payable under...