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Prudential Insurance Company of America v. Boyes, 2:18-cv-00315-RFB-CWH. (2019)

Court: District Court, D. Nevada Number: infdco20190228d16 Visitors: 17
Filed: Feb. 27, 2019
Latest Update: Feb. 27, 2019
Summary: ORDER FOR DEPOSIT OF DEATH BENEFITS RICHARD F. BOULWARE, II , District Judge . The Court having reviewed the Motion for Deposit of Death Benefits submitted by Plaintiff The Prudential Insurance Company of America ("Prudential"), and good cause having been shown, IT IS ORDERED as follows: 1. Prudential shall distribute to the Clerk of this Court a check equal to the sum of $400,000.00 (the "SGLI Death Benefit"), representing Servicemembers Group Life Insurance ("SGLI") benefits due as a re
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ORDER FOR DEPOSIT OF DEATH BENEFITS

The Court having reviewed the Motion for Deposit of Death Benefits submitted by Plaintiff The Prudential Insurance Company of America ("Prudential"), and good cause having been shown,

IT IS ORDERED as follows:

1. Prudential shall distribute to the Clerk of this Court a check equal to the sum of $400,000.00 (the "SGLI Death Benefit"), representing Servicemembers Group Life Insurance ("SGLI") benefits due as a result of the death of Melissa Boyes in connection with group life insurance policy number G-32000 (the "Plan"), which was issued by Prudential, through the Office of Servicemembers' Group Life Insurance ("OSGLI"), to the United States Department of Veterans Affairs pursuant to the SGLI statute, 38 U.S.C. 1965 et eq., plus applicable interest, if any;

2. Prudential shall distribute to the Clerk of this Court a check equal to the sum of $100,000.00 (the "FSGLI Death Benefit"), representing Family Servicemembers Group Life Insurance benefits due as a result of the death of Melissa Boyes in connection with the Plan, plus applicable interest, if any;

3. The Clerk of Court shall deposit said proceeds into an interest-bearing account;

4. The Defendants are hereby enjoined from instituting or prosecuting any proceeding in any State or United States court affecting the Plan or the SGLI Death Benefit or the FSGLI Death Benefit (together, the "Death Benefits"), which are at issue in this interpleader action until further order of the Court; and

5. Upon deposit of the Death Benefits, plus applicable interest, if any, with the Court's Registry, Prudential shall be discharged of all liability relating to payment of the Death Benefits or otherwise in connection with the Plan.

IT IS SO ORDERED.

Source:  Leagle

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