Get the free GWLANY Beneficiary Designation (Form 598NYMA) REG.indd

BENEFICIARY DESIGNATION Name of Life Insured or Annuitant Policy Number The policy owner revokes any previous beneficiary designations and instructions. The policy owner designates revocable the following

How to fill out gwlany beneficiary designation form

How to fill out gwlany beneficiary designation form:

1. Begin by accessing the gwlany beneficiary designation form, which can typically be found on the official website of the GWLANY (Great-West Life Assurance Company).
2. Carefully read through the instructions provided on the form to ensure that you understand the requirements and guidelines for completing it.
3. Fill in your personal information accurately, including your full name, contact details, and any identifying information required.
4. Specify the policy or account number for which you are designating beneficiaries, if applicable.
5. Provide the full name of each beneficiary you wish to designate, along with their relationship to you (e.g., spouse, child, sibling).
6. Indicate the percentage or allocation of the policy or account that each beneficiary should receive upon your death. Ensure that the total adds up to 100%.
7. If you want to designate contingent beneficiaries, who will receive the benefits if the primary beneficiaries are unable to, provide their full names and relationships as well.
8. Consider consulting with a legal or financial professional if you have any questions or require guidance while filling out the form.
9. Review the completed beneficiary designation form to ensure that all the information provided is accurate and up-to-date.
10. Sign and date the form, as required, and submit it to the GWLANY according to their instructions. Keep a copy for your records.

Who needs gwlany beneficiary designation form:

1. Individuals who have policies or accounts with GWLANY and want to designate beneficiaries to receive the benefits upon their death.
2. Those who have experienced significant life changes, such as marriage, divorce, or the birth of a child, and need to update their beneficiary designations.
3. People who want to ensure that their assets are distributed according to their wishes after their passing, and maintain control over their intended beneficiaries.

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What is gwlany beneficiary designation form?

The gwlany beneficiary designation form is a document used to specify who will receive the benefits of a certain policy or account in the event of the policyholder or account holder's death.

Who is required to file gwlany beneficiary designation form?

All policyholders or account holders who wish to designate beneficiaries for their benefits are required to fill out and file the gwlany beneficiary designation form.

How to fill out gwlany beneficiary designation form?

To fill out the gwlany beneficiary designation form, one must provide information about the chosen beneficiaries, including their full names, addresses, relationship to the policyholder or account holder, and the percentage of benefits they will receive.

What is the purpose of gwlany beneficiary designation form?

The purpose of the gwlany beneficiary designation form is to ensure that the benefits of a policy or account are distributed according to the policyholder or account holder's wishes in the event of their death.

What information must be reported on gwlany beneficiary designation form?

The gwlany beneficiary designation form must include detailed information about the chosen beneficiaries, including their full names, addresses, relationship to the policyholder or account holder, and the percentage of benefits they will receive.