Faster Payments to Veterans’ Survivors Act of 2022

The Faster Payments to Veterans’ Survivors Act of 2022 aims to speed up the process for families and beneficiaries to receive Department of Veterans Affairs (VA) life insurance payouts. The bill cuts the waiting period for secondary beneficiaries to claim benefits in half—from two years down to one—if the primary beneficiary cannot be reached or fails to file a claim. Additionally, it requires the VA to modernize its systems and website tools to better identify and locate "hard-to-find" survivors, ensuring that life insurance funds are disbursed more quickly to the rightful recipients.