Home
Forms Library
Beneficiary designation form; life insurance

Beneficiary designation form; life insurance 2025

beneficiary designation form; life insurance Preview on Page 1

See details

4.9 out of 5

52 votes

The document provides instructions for designating or changing beneficiaries for Group Insurance death proceeds. It outlines the definitions of primary and contingent beneficiaries, the process for completing the designation form, and the necessary information required for each beneficiary type. The document emphasizes that any previous beneficiary designations will be revoked upon submission of a new form and details how payments will be made to named beneficiaries.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out beneficiary designation form; life insurance with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the beneficiary designation form in the editor.
Begin by filling out the Employee Information section. Ensure all required fields, such as your name, address, and employee ID (if applicable), are completed accurately.
In the Beneficiary Designation section, you can name up to four primary and four contingent beneficiaries. For each beneficiary, provide their full name, relationship to you, date of birth, and percentage share. Remember that the total percentage for primary beneficiaries must equal 100%.
If you are designating a trust as a beneficiary, complete the Trust Designation section with the trustee's details and the title of the trust agreement.
Finally, read through the Authorization/Signature section carefully. Sign and date the form before submitting it to Prudential or your Benefits Administrator.

Start using our platform today to easily complete your beneficiary designation form for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How to fill out life insurance beneficiary designation form?

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.

What is a designated beneficiary form?

A designation of beneficiary form outlines your desire to have the funds due upon your death paid out in a particular way.

Does the beneficiary get all the money?

The primary beneficiary is the first choice of beneficiary made by a financial account owner. While other beneficiaries also may be listed in account or estate documents, this person or organization will receive all of the assets in an account.

What are the rules for the beneficiary of a life insurance policy?

As a standard life insurance beneficiary rule, you must explicitly identify each beneficiary with their full name and Social Security number. Pro tip: Do you live in a community property state? If so, youll need your spouses consent to designate a primary beneficiary other than them.

Who should I not name as a beneficiary?

Estranged relatives or former spouses Family relationships can be complicated, so think carefully if an estranged relative or ex-spouse really aligns with your wishes. Pets Pets cant legally own property, so naming them directly as beneficiaries is problematic. Consider a pet trust instead.

Who should I put as my beneficiary if Im single?

If you are single, you may designate anyone you choose as your beneficiaries, such as a family member, friend, charity, or organization. When choosing a beneficiary, consider who is most important to you and who will benefit the most from your assets.

What happens if you dont designate a beneficiary for life insurance?

If you do not name a beneficiary, The Standard will pay the life benefit ing to the policy order. This means your surviving spouse will be paid the benefit as the first person listed in the order.

What is the beneficiary designation for life insurance?

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.

Beneficiary designation form; life insurance 2025

Here's how it works