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GROUP LIFE BENEFICIARY DESIGNATION Public Service Benefit Plan Policy 6878This form must be completed if you wish to designate one or more beneficiaries for your group life insurance coverage in the
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How to fill out group life beneficiary designation

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How to fill out group life beneficiary designation

01
Step 1: Obtain the group life beneficiary designation form from your employer or insurance provider.
02
Step 2: Fill out your personal information including your full name, address, and contact information.
03
Step 3: Provide the details of the group life policy for which you are designating a beneficiary, such as the policy number and effective date.
04
Step 4: Specify the beneficiary's full legal name, relationship to you, and their contact information.
05
Step 5: Indicate the percentage or amount of the death benefit that each beneficiary should receive.
06
Step 6: Review the completed beneficiary designation form thoroughly for accuracy.
07
Step 7: Sign and date the form, and ensure any required witnesses also sign and provide their information if necessary.
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Step 8: Submit the completed form to your employer or insurance provider as instructed.

Who needs group life beneficiary designation?

01
Anyone who has a group life insurance policy may need a beneficiary designation.
02
Employees who have group life insurance coverage through their employer.
03
Policyholders who want to designate specific individuals or entities to receive the death benefit in the event of their passing.
04
Individuals who want to ensure their loved ones or preferred beneficiaries are financially protected.
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Group life beneficiary designation is a form that allows an individual to specify who will receive the proceeds from their group life insurance policy in the event of their death.
Any individual who has a group life insurance policy is required to file a beneficiary designation form.
To fill out a group life beneficiary designation form, an individual must provide the name, relationship, and contact information of their chosen beneficiary.
The purpose of group life beneficiary designation is to ensure that the policyholder's benefits are distributed according to their wishes after their death.
On a group life beneficiary designation form, the policyholder must report the full name, relationship, and contact information of the designated beneficiary.
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