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Metropolitan Life Insurance CompuGroup Term Life Insurance Beneficiary Designation Use this form to name the persons or entities you want to receive your life insurance proceeds after your death.
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What is to name additional beneficiaries?
To name additional beneficiaries means adding individuals or entities who will receive benefits from a certain policy or account in case of the original beneficiary's death.
Who is required to file to name additional beneficiaries?
The policyholder or account holder is required to file to name additional beneficiaries.
How to fill out to name additional beneficiaries?
To fill out to name additional beneficiaries, the policyholder or account holder must complete a beneficiary designation form provided by the insurance company or financial institution and submit it to the relevant department.
What is the purpose of to name additional beneficiaries?
The purpose of naming additional beneficiaries is to ensure that the benefits from a policy or account are distributed according to the policyholder's wishes in the event of their death.
What information must be reported on to name additional beneficiaries?
The information required to name additional beneficiaries typically includes the full name, date of birth, relationship to the policyholder, and percentage share of the benefits for each beneficiary.
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