New VA ‘slayer’ rule targets killers

New VA ‘slayer’ rule targets killers
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A service member's murderer would be prohibited from collecting the victim's life insurance benefits under a new rule from the Obama administration.

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The Department of Veterans Affairs (VA) announced Monday that it is moving forward with the so-called slayer rule, which is intended to "prevent unjust enrichment” from the death of a veteran or active member of the military.

"We designed the rule to prevent slayers from benefiting from their wrongdoing,” the VA wrote in the Federal Register.

The rule would apply to beneficiaries of the Servicemembers' Group Life Insurance and Veterans' Group Life Insurance. 

Anyone convicted of killing a service member would not be eligible to receive the victim's life insurance benefits. The prohibition would extend to others who helped facilitate the murder, as well as family members of the killer who are not related to the victim.

The slayer rule goes into effect immediately.