Cigna beneficiary form 2025

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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).
For the most part, a designated beneficiary will take precedence over a will. Policies such as life insurance or other financial institutions are going to pay out to the person listed on the account without consulting a will. It may even be that the will contradicts the designated beneficiary, but it might not matter.
How to name a beneficiary on your life insurance policy Fill out the beneficiary designation form supplied by your insurance provider. Set your beneficiary designations directly through an online portal on your providers website. Call your provider and designate your beneficiaries over the phone.
Write the names of the first beneficiary(ies) you would like to receive your benefit after you die. You may name an individual(s), entity (such as a charity, business, religious organization, funeral home, etc.), trust, or estate. You may name more than one.
The application you fill out to apply for a life insurance policy will have an area where you are asked to write the name of your beneficiary (or names if you want more than one beneficiary). After the insurance company approves your policy and it goes into effect, your beneficiary is set.