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| Member Servicemembers' Group Life Insurance Beneficiary Type | | Description | Member Servicemembers' Group Life Insurance (SGLI) Beneficiary Type indicates whether an SGLI beneficiary is a principal beneficiary or a contingent beneficiary.
Usage
Member Servicemembers' Group Life Insurance (SGLI) Beneficiary Type is used to document and identify the precedence for how named SGLI beneficiaries will receive insurance proceeds. A contingent beneficiary is a person or persons designated to receive the insurance proceeds if the principal beneficiaries die before the insured dies; otherwise only principal beneficiaries will be considered to receive insurance proceeds. | |
| Permitted Values | Contingent
Principal | |
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| Personally Identifiable Information Requirements Apply | | NO | |
| Standard Context | | Compensation and Reimbursements | |