Handbook - Indiana County, Pennsylvania

application form to the Office of Servicemembers' Group Life Insurance, 80 Livingston Avenue,Roseland, New Jersey 07068-1733.5.03 EFFECTIVE DATEa. The election to receive the Accelerated Benefit becomes effective at the time the membercashes or deposits the Accelerated Benefit.b. A member may cancel his or her request for benefits prior to cashing or depositing theAccelerated Benefit by informing OSGLI in writing of the request to cancel and by returning thecheck if the member has received it. If a member wants to change the amount of benefitsrequested or decides to reapply after canceling the request, he or she may file anotherapplication.c. If a member dies prior to cashing an Accelerated Benefit payment, the payment must bereturned to OSGLI.d. Once an election becomes effective (by cashing or depositing the Accelerated Benefitpayment), it can not be revoked. A member is not eligible for additional Accelerated Benefits.22