Get the free GTL Beneficiary Form - Seattle Housing Authority - seattlehousing

SEATTLE HOUSING AUTHORITY Group Term Life Insurance Beneficiary Change Form Please Print Clearly Last Name (Please Print) First Name Home Address Street Employee Number City Hire Date Birth Date (M/D/Y)

How to fill out gtl beneficiary form

How to fill out a GTL beneficiary form:

1. Obtain the form: Begin by obtaining a GTL beneficiary form from the appropriate source. This may be the insurance company, the employer, or a third-party administrator.
2. Read the instructions: Carefully read the instructions provided with the form. These instructions will guide you through the process and clarify any doubts you may have.
3. Provide personal information: Start by providing your personal information, including your full name, address, date of birth, and contact details. Ensure that the information provided is accurate and up to date.
4. Specify the policyholder's details: Indicate the policyholder's name and policy number on the form. This will help the insurance company identify the policy for which you are submitting the beneficiary designation.
5. Designate primary beneficiaries: Clearly state the full names, addresses, and relationships of the primary beneficiaries. Primary beneficiaries are the individuals who will receive the benefits in the event of the policyholder's death, so it is vital to provide accurate and current information.
6. Designate contingent beneficiaries: If desired, also designate contingent beneficiaries. These individuals will receive the benefits if the primary beneficiaries are unable or unwilling to accept them. Similar to primary beneficiaries, clearly state their full names, addresses, and relationships.
7. Provide social security numbers: Depending on the insurance company's requirements, you may need to provide social security numbers for the designated beneficiaries. This information helps ensure that the correct individuals receive the benefits.
8. Review and sign the form: Review the completed form thoroughly to ensure that all information is accurate and complete. Then, sign the form and date it. Keep a copy of the form for your records.

Who needs a GTL beneficiary form?

A GTL beneficiary form is required for individuals who have a Group Term Life insurance policy and wish to designate beneficiaries to receive the policy benefits in the event of their death. Whether you have acquired the policy individually or through your employer, it is essential to fill out the beneficiary form to ensure that your desired beneficiaries are appropriately assigned. Without completing this form, the insurance company may distribute the benefits according to default rules, which may not align with your wishes. Thus, anyone with a GTL policy should complete a beneficiary form to ensure their loved ones receive the benefits as intended.

For pdfFiller’s FAQs

What is gtl beneficiary form?

The gtl beneficiary form is a document used to designate beneficiaries for a group term life insurance policy.

Who is required to file gtl beneficiary form?

The policyholder or the insured individual is required to file the gtl beneficiary form.

How to fill out gtl beneficiary form?

To fill out the gtl beneficiary form, you need to provide the beneficiary's information such as name, relationship, and contact details.

What is the purpose of gtl beneficiary form?

The purpose of gtl beneficiary form is to ensure that in the event of the insured individual's death, the designated beneficiaries receive the life insurance benefits.

What information must be reported on gtl beneficiary form?

The gtl beneficiary form requires information such as beneficiary's name, relationship to the insured, contact details, and percentage of benefit allocation.

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