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Beneficiary Designation Existing Policies: This designation replaces all prior beneficiary designations for the policy listed. New Applications: Put all beneficiaries on this form OR on the application
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How to fill out beneficiary designation - aafmaa

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How to fill out beneficiary designation - aafmaa:

01
Visit the AAFMAA website and navigate to the beneficiary designation form.
02
Download or print out the beneficiary designation form.
03
Fill in your personal information, including your full name and contact details.
04
Provide the AAFMAA policy number for which you wish to designate a beneficiary.
05
Clearly write down the name, relationship, and contact information of the primary beneficiary.
06
If you have any contingent beneficiaries, list their names, relationships, and contact information as well.
07
Review the form to ensure all the information is accurate and complete.
08
Sign and date the beneficiary designation form.
09
Submit the completed form to AAFMAA as instructed on their website.

Who needs beneficiary designation - aafmaa:

01
Military personnel: Active-duty military members and veterans who have an AAFMAA policy may need to designate a beneficiary to ensure their benefits are distributed according to their wishes.
02
Family members: Spouses and children of military personnel may need to be designated as beneficiaries to receive policy benefits in case of the insured's death.
03
Estate planners: Professionals in estate planning or financial advising may also need to understand the process of beneficiary designation with AAFMAA in order to assist their clients efficiently.
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Beneficiary designation with AAFMAA is the process of specifying who will receive the proceeds of an insurance policy or financial account upon the policyholder's death.
All members of AAFMAA who have insurance policies or financial accounts are required to file a beneficiary designation form.
To fill out a beneficiary designation with AAFMAA, members need to complete the designated form provided by AAFMAA and submit it according to the instructions given.
The purpose of beneficiary designation with AAFMAA is to ensure that in the event of the policyholder's death, the proceeds of the insurance policy or financial account go to the intended recipient.
The necessary information to be reported on beneficiary designation with AAFMAA includes the full name, contact information, and relationship to the policyholder of the designated beneficiary.
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