DDFORMS.ORG – DD Form 2656-8 – Survivor Benefit Plan (SBP) Automatic Coverage Fact Sheet – The Survivor Benefit Plan (SBP) provides benefits to the spouse, children, parents, and other dependents of a member who dies in service or as a result of an act of terrorism. The SBP is an automatic coverage plan that requires neither opt-in nor opt-out. If you are eligible, the plan will provide benefits to you and your eligible dependents.
Download DD Form 2656-8 – Survivor Benefit Plan (SBP) Automatic Coverage Fact Sheet
|DD Form 2656-8 –
|Survivor Benefit Plan (SBP) Automatic Coverage Fact Sheet
What is a DD Form 2656-8?
The DD Form 2656-8 is a form designed by the Department of Defense for individuals who are eligible for automatic coverage under the Survivor Benefit Plan (SBP). This plan provides financial protection to military members’ beneficiaries in case of their death. The SBP is a form of life insurance that guarantees a monthly payment to designated beneficiaries after the military member’s death.
The DD Form 2656-8 is used to enroll eligible dependents into the SBP. It includes important information such as the beneficiary’s name, relationship to the military member, and contact information. Once completed, this form ensures automatic coverage for an eligible survivor without requiring any additional action on their part.
It is important for service members and their families to understand the benefits of enrolling in SBP and completing the DD Form 2656-8. This can provide peace of mind knowing that loved ones will have financial support should anything happen to them while serving our country.
Where Can I Find a DD Form 2656-8?
If you are looking for a DD Form 2656-8, the first place to check is with your Human Resources or Benefits Office. They should have access to the form and can provide you with a copy. You can also visit the Defense Finance and Accounting Service (DFAS) website to locate the form online.
Another option is to contact your branch’s casualty assistance office if you are in need of assistance in completing the form due to a death or injury of a military member. They will be able to guide you through the process and provide any necessary forms.
It’s important to note that this particular form, DD Form 2656-8, is specifically for Survivor Benefit Plan (SBP) automatic coverage. If you require other forms related to military benefits or compensation, such as disability claims or retirement applications, those may require different forms entirely.
DD Form 2656-8 – Survivor Benefit Plan (SBP) Automatic Coverage Fact Sheet
DD Form 2656-8, also known as the Survivor Benefit Plan (SBP) Automatic Coverage Fact Sheet, is a legal document that provides information about the benefits that are automatically provided to eligible military members and their families. The SBP is a program created by Congress in 1972 to provide continuing income for surviving spouses and dependent children of service members who die while on active duty or after retirement. This plan ensures that family members receive a portion of the service member’s retired pay in case of death.
The automatic coverage under SBP applies to all service members who retire from active duty with at least 20 years of service. The fact sheet explains how the plan works and the rights and responsibilities of beneficiaries, including eligibility requirements, options for coverage amounts, beneficiary designations, premiums, and more. It’s essential for service members to understand this document thoroughly because it can have significant financial implications for their loved ones if they were to pass away unexpectedly.
In conclusion, DD Form 2656-8 provides critical information about Survivor Benefit Plan automatic coverage for military personnel upon retirement. This program ensures that surviving dependents continue receiving regular payments even after the retiree’s death. Understanding this form is crucial as it outlines important factors such as premium costs and beneficiary designations. Military personnel should prioritize reviewing this fact sheet to ensure their loved ones are taken care of financially should anything happen to them post-retirement or while on active duty.