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Complete & Return to: Retiree Chapter 82 63 Colvin Ave. Albany, NY 12206BENEFICIARY DESIGNATION FORM GROUP LIFE AND GROUP ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE UNM Life Insurance Company of America
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How to fill out designation of beneficiary
How to fill out designation of beneficiary
01
Obtain the appropriate form from your insurance company or financial institution.
02
Provide your personal information such as name, address, and policy number.
03
Clearly list the full name, relationship, and percentage of the benefit for each designated beneficiary.
04
Sign and date the form in front of a witness or notary public, if required.
05
Keep a copy of the completed form for your records and submit the original to the insurance company or financial institution.
Who needs designation of beneficiary?
01
Anyone who has life insurance policies, retirement accounts, or other financial assets that have designated beneficiaries.
02
Individuals who want to ensure their assets are distributed according to their wishes and avoid complications or disputes among family members.
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What is designation of beneficiary?
Designation of beneficiary is the process of identifying who will receive benefits from a particular account or policy in the event of the account holder's death.
Who is required to file designation of beneficiary?
The account or policy holder is required to file designation of beneficiary.
How to fill out designation of beneficiary?
To fill out designation of beneficiary, the account or policy holder must provide the beneficiary's name, relationship to the holder, date of birth, and contact information.
What is the purpose of designation of beneficiary?
The purpose of designation of beneficiary is to ensure that the account or policy holder's benefits are distributed according to their wishes upon their death.
What information must be reported on designation of beneficiary?
The designation of beneficiary form must include the beneficiary's name, relationship to the holder, date of birth, and contact information.
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