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VFIS Beneficiary Designation for Accident & Sickness Policy Complete this block each time this form is used Please Print Name of Organization: Boone County Fire Protection District Members/Employees.

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How to fill out the Vfis Beneficiary Form online

Filling out the Vfis Beneficiary Form is an essential process for designating beneficiaries for your accident and sickness policy. This guide provides clear, step-by-step instructions to help you complete the form accurately and efficiently.

Follow the steps to complete your Vfis Beneficiary Form online.

  1. Click the ‘Get Form’ button to obtain the form and open it for editing.
  2. Begin by entering the name of the organization you belong to, which in this case is Boone County Fire Protection District.
  3. In the next fields, provide your name, date of birth, and the date you joined the organization. Make sure to double-check the accuracy of this information.
  4. Designate your primary beneficiaries by filling in their names, relationships to you, dates of birth, and the percentage share of benefits each should receive. Ensure the total of the percentage shares equals 100.
  5. If you have contingent beneficiaries, fill in their names, relationships, dates of birth, and percentage shares in the designated section. Again, make sure the total equals 100.
  6. Review all entered information carefully for any errors or omissions. This is important to ensure that your intentions are accurately reflected.
  7. Sign and date the form to confirm your beneficiary designations. This final step is crucial as it makes your designations legally binding.
  8. After filling out and signing the form, you can save your changes, download, print, or share the completed form as necessary.

Take action today and complete your Vfis Beneficiary Form online!

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A primary beneficiary is the person (or people or organizations) you name to receive your stuff when you die. A contingent beneficiary is second in line to receive your assets in case the primary beneficiary passes away. And a residuary beneficiary gets any property that isn't specifically left to another beneficiary.

A beneficiary is the person or entity you name in a life insurance policy to receive the death benefit. You can name: One person. Two or more people.

Your primary beneficiary is first in line to receive your death benefit. If the primary beneficiary dies before you, a secondary or contingent beneficiary is the next in line. Some people also designate a final beneficiary in the event the primary and secondary beneficiaries die before they do.

This Designation of Beneficiary form is used to designate who is to receive a lump-sum payment which may become payable after your death. It does not affect the right of any person who is eligible for survivor annuity benefits.

General Instructions Write only one beneficiary on each line. Make sure that you write the full names of all beneficiaries. For example, if you name you children as beneficiaries, DO NOT merely write “children” on one of the lines; instead write the full names of each of your children on separate lines.

Primary and contingent beneficiaries There are two types of beneficiaries: primary and contingent. A primary beneficiary is the person (or persons) first in line to receive the death benefit from your life insurance policy — typically your spouse, children or other family members.

Key Takeaways. A primary beneficiary is a person or entity named to receive the benefit of a will, trust, insurance policy, or investment account. More than one primary beneficiary can be named, with the grantor able to direct particular percentages to each.

If you get married or divorced, or have children or other life changes, standard sequence will follow those life changes. If you never file a beneficiary designation, your benefit will be paid ing to standard sequence at the time of your death.

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