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  • The Purpose Of This Form Is To Update, Add, Or Change A Beneficiary Designation To Your Life

Get The Purpose Of This Form Is To Update, Add, Or Change A Beneficiary Designation To Your Life

Beneficiary Designation Form HRBEN034 Section 1 Information and Instructions The purpose of this form is to update, add, or change a beneficiary designation to your life insurance coverage. Please.

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How to fill out the beneficiary designation form online

This guide will help you understand how to complete the form to update, add, or change a beneficiary designation to your life insurance coverage. Follow these steps to ensure that your information is accurate and submitted correctly.

Follow the steps to complete your beneficiary designation form online.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. In Section 2, provide your employee information, including your full name, BSC ID, agency or department, and contact details. Make sure to fill in your marital status and date of hire.
  3. Navigate to Section 3 to specify the benefit plan(s) you are making beneficiary changes to. Check the appropriate box for Basic Life/ADD, Supplemental Life, or Dependent Life.
  4. In Section 4, detail your beneficiary designations. First, list your primary beneficiary(ies) including their full name, date of birth, Social Security number, relationship to you, and their home address. Indicate the percentage of benefits each primary beneficiary will receive.
  5. Similarly, for contingent beneficiary(ies), provide the same details as above, noting that they will receive benefits if something happens to the primary beneficiary.
  6. In Section 5, read the authorization statement and provide your signature and the date to confirm that you are aware this change supersedes your previous designation. Remember to include the last four digits of your Social Security number.
  7. Once you have completed the form, save your changes. You can either download the form, print it, or share it as needed.

Start filling out your beneficiary designation form online today to ensure your preferences are updated.

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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.

Beneficiary designations allow you to transfer assets directly to individuals, regardless of the terms of your will. Beneficiary designations are often made when a financial account, retirement account, or life insurance policy is established.

The policy owner is the only person who can change the beneficiary designation in most cases. If you have an irrevocable beneficiary or live in a community property state you need approval to make policy changes. A power of attorney can give someone else the ability to change your beneficiaries.

The beneficiary designation forms allow you to name primary and secondary beneficiaries. Your “primary beneficiaries” are the first people or entities that you want to receive your benefit after you die.

7:26 9:59 But you should contact the pensions and benefits office for the correct. Form. After you haveMoreBut you should contact the pensions and benefits office for the correct. Form. After you have completed this section all that's left is to sign your name and date. The form in the designated. Space.

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.

Percentages for each category must total 100% and must be whole numbers, such as 33%, not 33.33% or 1/3. If you do not indicate a percentage, the benefit will be evenly divided. Only complete section if you are naming a trust as your beneficiary.

spouse, partner, children, parents, brothers and sisters, business partner, key employee, trust and charitable organization.

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Get The Purpose Of This Form Is To Update, Add, Or Change A Beneficiary Designation To Your Life
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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232