Slayer's Rule Exclusion - Servicemembers' Group Life Insurance And Veterans' Group Life Insurance

[carlie]

Gosh,

I sure don't understand why this proposed rule is needed.

It seems like payment would be precluded by law, to begin with.

http://www.regulations.gov/#!documentDetail;D=VA-2011-VACO-0027-0001

AN40 - Proposed Rule - Servicemembers' Group Life Insurance and Veterans' Group Life Insurance; Slayer's Rule Exclusion

"SUMMARY:

The Department of Veterans Affairs (``VA'') proposes to amend

its regulations governing Servicemembers' Group Life Insurance

(``SGLI'') and Veterans' Group Life Insurance (``VGLI'') to prohibit

payment of insurance proceeds payable because of the death of a person

whose life was insured under SGLI or VGLI (``decedent'') or payment of

a SGLI Traumatic Injury Protection (``TSGLI'') benefit to a person who

is convicted of intentionally killing the decedent or determined in a

civil proceeding to have intentionally killed the decedent

(``slayer''); a member of the slayer's family who is not related to the

decedent by blood, legal adoption, or marriage; and a member of the

slayer's family who is related to the decedent by blood, legal

adoption, or marriage and who is convicted of a crime involving the

intentional killing of the decedent or found in a civil proceeding to

have been involved in the intentional killing of the decedent.

DATES: Comments must be received by VA on or before February 13, 2012.

ADDRESSES: Written comments may be submitted through http://www.Regulations.gov; by mail or hand delivery to Director, Regulations

Management (02REG), Department of Veterans Affairs, 810 Vermont Ave.

NW., Room 1068, Washington, DC 20420; or by fax to (202) 273-9026.

Comments should indicate that they are submitted in response to ``RIN

2900-AN40--Servicemembers' Group Life Insurance and Veterans' Group

Life Insurance--Slayer's Rule Exclusion.'' Copies of comments received

will be available for public inspection in the Office of Regulation

Policy and Management, Room 1063B, between the hours of 8 a.m. and 4:30

p.m., Monday through Friday (except holidays). Please call (202) 461-

4902 for an appointment. (This is not a toll-free number.) In addition,

during the comment period, comments may be viewed online through the

Federal Docket Management System (FDMS) at http://www.Regulations.gov. "