Inquiry Routing & Information System (IRIS)
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Who receives the insurance proceeds upon the death of a spouse?
Published 08/13/2012 09:08 AM | Updated 08/13/2012 10:23 AMWho receives the insurance proceeds upon the death of a spouse?
The Servicemember is paid the proceeds due to the death of a spouse. The Servicemember can choose to receive the proceeds in one lump sum or 36 equal monthly payments. If the proceeds are to be paid in a lump sum payment, the member will be given the option of receiving the lump sum payment through the Prudential Alliance Account, check, or Electronic Funds Transfer (EFT).