The bill HB2722 proposes to amend Arizona law to provide officers and enlisted personnel of the Arizona National Guard with a $10,000 group life insurance benefit at the state's expense. This benefit is to be administered under a program consistent with federal law (37 U.S.C. § 707) and is payable to the designated beneficiary of the officer or personnel. If no beneficiary is named, the benefit will be distributed according to state intestate succession laws.

Additionally, the bill clarifies that this life insurance benefit is supplementary to any existing health or accident insurance benefits provided to National Guard members under current law (A.R.S. § 26-158). The proposed changes aim to enhance the support provided to National Guard personnel while ensuring that the life insurance benefit is clearly defined and accessible.

Statutes affected:
Introduced Version: 26-158.01
House Engrossed Version: 26-158.01