Published 08/13/2012 08:13 AM |
Updated 08/13/2012 10:23 AM
How Do You Name A Beneficiary?
You must complete a form SGLV 8286, Servicemembers' Group Life Insurance Election and Certificate and submit it to your uniformed service. You may designate more than one principal beneficiary, but you need to indicate the shares each shall be paid. On this same form, you may designate a contingent beneficiary or beneficiaries to receive the proceeds in the event the principal beneficiary dies before you.