Handbook - Indiana County, Pennsylvania

10.09 CONVERSIONa. A dependent spouse of a Servicemember may convert his/her SGLI policy toa private life insurance company, under the same provisions as provided insection 10.05, when the policy is terminated. The decision to convert the policyis the dependent spouse's and the policy may be converted to an individualpolicy of insurance, under the same conditions as conversion of a VGLI policy toan individual policy. Conversion takes place upon written application made tothe participating company, as selected by the spouse and upon payment of therequired premiums. A spouse may not convert the policy to a VGLI policy.Where the insurable dependent is a child, that policy may not be converted toanother individual policy of insurance.10.10 CLAIMSa. General Information(1) All claims for death benefits for any spouse or dependentchild who dies while insured under FSGLI must be submitted tothe OSGLI, 80 Livingston Avenue, Roseland, New Jersey 07068-1733.(2) The casualty branch must certify the death of an insuredspouse or dependent child using Form SGLV-8700. When theOSGLI receives the certification of death, OSGLI will pay to themember the amount for which the spouse or dependent child isinsured under the group policy. The form SGLV 8283A, Claim forFamily Coverage Death Benefits is provided for the purpose ofclaiming the proceeds. Payment will be made to the member atthe time of the member's death; or if the member and thespouse or dependent child die simultaneously, the proceeds willbe paid in order of precedence as provided by law. (Seeparagraph 6.06 for the order of precedence.)(3) Under no circumstances can more than $100,000 FSGLI(plus interest) be paid in settlement of a death claim.(4) In the event the member and the dependent or spouse diesimultaneously, any determination as to eligibility of a claimantas beneficiary or any request for evidence required in support ofa claim will be made by the OSGLI. This office must also receiveproof that a claimant is entitled to payment. If, for example, thepayment in the order of precedence is made to parents and one40