51.1-511 - Persons entitled to payment of insurance on employee's death. - Virginia Statutes

§ 51.1-511. Persons entitled to payment of insurance on employee's death.

Any amount of group life, accidental death, and dismemberment insurance inforce on any employee at the date of his death shall be paid, upon theestablishment of a valid claim therefor, to the beneficiary designated by theemployee under the provisions of the Virginia Retirement System or otherretirement system administered by the Board, unless the employee hasdesignated and filed with the Board on a form prepared by the Board, adifferent beneficiary of his group life, accidental death, and dismembermentinsurance. If no beneficiary has been designated by the employee, or if thedeath of the designated person occurs prior to the death of the member andanother designation has not been made, the proceeds shall be paid to thepersons surviving at the date of his death, in the same order of precedenceas set forth in subsection A of § 51.1-162.

Payment which otherwise would be made to the estate of an employee may bemade in accordance with the provisions of § 64.1-132.2 or 64.1-132.3.

(1960, c. 604, § 51-111.67:10; 1986, c. 474; 1990, c. 832; 2002, c. 313;2010, c. 269.)