FEGLI

AcronymDefinition
FEGLIFederal Employees' Group Life Insurance
References in periodicals archive ?
While Judy (the ex-wife) was clearly the named beneficiary, thanks to a series of conflicting federal and state laws, a dispute ensued that ultimately called into question who was the rightful recipient of the FEGLI benefits.
However, an applicable provision of the Federal Employees' Group Life Insurance Act (FEGLIA), the federal law that created FEGLI benefits, further contradicts the Virginiastatute.
Supreme Court resolved the issue for good, deciding unanimously, 9-0, to affirm the Virginia Supreme Court's decision to award Judy the FEGLI benefits.
Therefore, had Congress desired that FEGLI benefits be awarded to someone other than a person named on the beneficiary form -- say, perhaps, a current spouse -- they could have passed legislation to do so.
The little mistake that could destroy a life insurance plan
Life insurance proceeds were includable in a federal judge's estate where the judge attempted to assign a FEGLI policy which was not assignable at the time of the attempted assignment.
Part I: Life insurance
FEGLI has used those accounts from MetLife for quite some time, according to Madden: "MetLife has been pleased to serve as the primary insurer and sole administrator for the Federal Employees Group Life Insurance ('FEGLI') program since its inception in 1954.
Life insurers under fire: retained asset acounts have drawn criticism in the press; here's what you and your clients should know
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