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Group Life & Health Beneficiary designation I Administrative information (please print) Policyholder name Policy no. Participant surname Given name(s) Division no. Certificate no. Initial Date of

How to fill out beneficiary designation ge9874

How to fill out beneficiary designation ge9874:

1. Begin by carefully reading the instructions provided on the beneficiary designation form. Ensure that you understand the purpose and requirements of the form.
2. Fill in your personal information, including your full name, address, and contact details. Provide accurate and up-to-date information to avoid any potential issues.
3. Identify the specific account or policy for which you are designating a beneficiary. This could be a retirement account, life insurance policy, or any other financial asset that allows for beneficiary designation.
4. Provide the full name and contact information of the primary beneficiary. This is the person who will receive the funds or assets upon your passing. Make sure to include their relationship to you, such as spouse, child, or sibling.
5. If desired, indicate one or more contingent beneficiaries. These would be individuals who would receive the benefits if the primary beneficiary is unable to do so. Include their full names and contact details as well.
6. Sign and date the beneficiary designation form. Check for any additional requirements, such as witnessing or notarization, and fulfill them accordingly.
7. Keep a copy of the completed form for your records and submit the original to the appropriate institution or entity handling the account or policy.

Who needs beneficiary designation ge9874?

1. Individuals who have financial assets such as retirement accounts or life insurance policies that allow for beneficiary designation may need to fill out beneficiary designation ge9874.
2. If you want to ensure that your assets are distributed according to your wishes upon your passing, completing the beneficiary designation form is important.
3. It is especially crucial for individuals with dependents or loved ones who rely on their financial support to designate beneficiaries to avoid complications and potential legal issues.

Please note that the specific beneficiary designation form ge9874 may be unique to a particular financial institution or organization. It is always recommended to consult the specific instructions provided by the entity administering the account or policy to ensure accuracy and compliance with their requirements.

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