News From the Cause
VA Continues to Ensure and Protect Servicemembers’, Survivors’ Life Insurance Benefits: (VA.GOV) -
September 15, 2010
The department will provide better clarity of payment options by using new documents that ask the beneficiary to choose one payment option, including a lump sum check, or a lump sum Alliance Account (retained asset account) that allows beneficiaries the option to immediately write a check for the entire payment or any lesser amount. VA will also continue to offer the option for payment in 36 monthly installments. click here to view
