Securian Life Beneficiary Designation 2025

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  1. Click ‘Get Form’ to open the Securian Life Beneficiary Designation in our editor.
  2. Begin by filling in your personal information, including the insured’s name, ID, and address. Ensure all details are clearly printed or typed.
  3. Designate your primary beneficiaries by entering their full names, dates of birth, addresses, and share percentages. Remember that total shares must equal 100%.
  4. If applicable, list contingent beneficiaries following the same format as primary beneficiaries. Again, ensure that total shares equal 100%.
  5. Sign and date the form at the designated area to confirm your beneficiary designations. This step is crucial as it revokes all prior designations.
  6. Finally, submit the completed form via fax or email to the Benefits Office and keep a copy for your records.

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A beneficiary is the person or entity that you legally designate to receive the benefits from your financial products. For life insurance coverage, that is the death benefit your policy will pay if you die.
If you suspect that a loved one had a life policy, the National Association of Insurance Commissioners (NAIC) has created a Life Insurance Policy Locator service to help consumers locate benefits from life insurance policies or annuity contracts purchased anywhere in the United States.
This includes providing detailed information such as full names, relationships to you and contact information to avoid any confusion. Consider Multiple Beneficiaries: You can name primary beneficiaries (the first in line to inherit) and contingent beneficiaries (who inherit if the primary beneficiaries cannot).
Many states require insurance companies to check the Social Security Master Death File for deceased policy holders and to try to notify their beneficiaries when they find a policyholder on that list. But that can take time. And its not the rule in every state.
If no beneficiary is named in the policy, the terms of the policy itself will dictate where the proceeds should go, such as to the insureds next of kin or into their estate, where it will be distributed ing to the insureds estate plan or California laws of intestacy if the insured left no will.

People also ask

What is the benefit of a payable on death (POD) beneficiary? A payable on death (POD) designation means your bank account automatically transfers to a beneficiary upon the death of all account owners and co-owners. Setting up a POD beneficiary allows you to plan for the future and make your financial wishes clear.
Use a life insurance policy locator Life insurance policy locator services help potential beneficiaries track down lost policies and find out who the beneficiaries are. Start with the Life Insurance Policy Locator from the National Association of Insurance Commissioners (NAIC).

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