Benefits Payment

Benefits Payment 1. The payment provided for in this subsection shall be made to the beneficiary who was designated in writing by the covered individual, signed by the covered individual and delivered to the employer during the covered individual’s lifetime. 2. If no such beneficiary designation is made, then the payment shall be made to the surviving child or children and spouse in equal portions, and if there is no surviving child or spouse, then to the parent or parents. 3. A benefit payment made in this subsection is in addition to any workers’ compensation or pension benefits and is exempt from the claims and demands of creditors of the covered individual.