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If I decline spousal coverage will I be entitled to a refund of any premiums deducted?
Published 08/13/2012 09:01 AM | Updated 08/13/2012 10:23 AMIf I decline spousal coverage will I be entitled to a refund of any premiums deducted?
If you decline spousal coverage, your declination will not be effective until the first day of the month following your declination. Any premiums deducted prior to the effective date of your declination will not be refunded. For example, if you decline coverage by submitting the Form SGLV 8286A on March 13, 2009, that declination does not become effective until April 1, 2009 and the premiums deducted in March will not be refunded. However, if a premium is improperly deducted in the month of April, your branch of service will provide refund of that premium.