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

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.