DESIGNATION OF FIDUCIARY OR TRUSTEE FOR PURPOSES OF TRAUMATIC SERVICEMEMBERS’ GROUP LIFE INSURANCE.

SEC. 1711. DESIGNATION OF FIDUCIARY OR TRUSTEE FOR PURPOSES OF TRAUMATIC SERVICEMEMBERS’ GROUP LIFE INSURANCE. Section 1980A of title 38, United States Code, is amended by adding at the end the following new subsection:“(k) Designation of Fiduciary or Trustee.—(1) The Secretary concerned, in consultation with the Secretary, shall develop a process for the designation of a fiduciary or trustee of a member of the uniformed services who is insured against traumatic injury under this section. The fiduciary or trustee so designated would receive a payment for a qualifying loss under this section if the member is medically incapacitated (as determined pursuant to regulations prescribed by the Secretary concerned in consultation with the Secretary) or experiencing an extended loss of consciousness.“(2) The process under paragraph (1) may require each member of the uniformed services who is insured under this section to—“(A) designate an individual as the member’s fiduciary or trustee for purposes of subsection (a); or“(B) elect that a court of proper jurisdiction designate an individual as the member’s fiduciary or trustee for purposes of subsection (a) in the event that the member becomes medically incapacitated or experiences an extended loss of consciousness.”.