Get Glaic Ownership & Beneficiary Change Form

The GLAIC Ownership & Beneficiary Change Form is an essential document for users wishing to update ownership or beneficiary designations on their insurance contracts. This guide provides clear, step-by-step instructions to ensure you can complete the form accurately and efficiently.

Follow the steps to complete the ownership and beneficiary change form online.

1. Click the ‘Get Form’ button to access the form and open it in the online editor.
2. Complete the contract or policy information section. You will need to provide the contract or policy number, annuitant or insured names, and their dates of birth. Ensure all information is accurate.
3. Fill out the ownership designation section. Specify the new owner’s name, relationship to the annuitant, Social Security or Tax ID, date of birth or trust date, and their complete address. If applicable, include details for a joint owner.
4. If you are changing the payee designation, enter the new payee's name, their relationship to the annuitant, Social Security or Tax ID, date of birth or trust date, and address. Remember, this change revokes all prior payee designations.
5. In the beneficiary designation section, you must detail the primary beneficiaries. Provide their names, relationships, Social Security or Tax IDs, dates of birth or trust dates, and designation percentages ensuring they total 100%. Include contingent beneficiaries if necessary.
6. Review all the information you have entered. Ensure there are no errors, and initial any corrections if needed—corrections should be made clearly.
7. Sign and date the declaration section as the current owner and, if applicable, for the joint owner, new owner, and any required signatures. Make sure to follow the signing requirements listed for various roles.
8. Once completed, save your changes, and you may also download, print, or share the form as needed.

Complete your GLAIC Ownership & Beneficiary Change Form online today to ensure your designations are accurate and up-to-date.