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Get the free Group Life Insurance Beneficiary Designation/Change Form

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This form is used to designate or change beneficiaries for group life insurance provided by CIGNA through Ball State University, allowing employees to specify primary and contingent beneficiaries.
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How to fill out group life insurance beneficiary

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How to fill out Group Life Insurance Beneficiary Designation/Change Form

01
Obtain the Group Life Insurance Beneficiary Designation/Change Form from your employer or insurance provider.
02
Fill out your personal information, including your full name, address, and policy number.
03
Clearly indicate the names of the beneficiaries you wish to designate, including their relationship to you.
04
Specify the percentage of the benefit each beneficiary will receive, ensuring that the total adds up to 100%.
05
Review the form for any errors or missing information.
06
Sign and date the form to validate your designation.
07
Submit the completed form to your employer's HR department or your insurance provider's designated office.

Who needs Group Life Insurance Beneficiary Designation/Change Form?

01
Anyone who has a Group Life Insurance policy and wishes to designate or change beneficiaries.
02
Employees participating in employer-sponsored life insurance plans.
03
Individuals who want to ensure their life insurance benefits are distributed according to their wishes.
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The Group Life Insurance Beneficiary Designation/Change Form is a document used by policyholders to designate or change the beneficiaries who will receive the death benefit from a group life insurance policy.
Typically, the policyholder or insured individual is required to file the Group Life Insurance Beneficiary Designation/Change Form to ensure their chosen beneficiaries are correctly identified.
To fill out the form, provide personal information such as name and contact details, specify the beneficiaries by name and relationship to the policyholder, and sign and date the form to validate it.
The purpose of the form is to formally communicate the choice of beneficiaries designated to receive the benefits of the policy upon the death of the insured, ensuring that the intended recipients receive the funds.
The form must include the policyholder's details, the name and relationship of each beneficiary, their contact information, and any applicable percentages of the benefits they will receive.
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