Unum beneficiary designation form 2025

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Name both primary and contingent beneficiaries. Its a good practice to name a back up or contingent beneficiary in case the primary beneficiary dies before you. Depending on your situation, you may have only a primary beneficiary.
To designate a beneficiary, youll need to follow the instructions provided by the company holding the asset. At times, it will be an easy process, such as simply filling out a web form provided online. Most often, the company will ask you to name a beneficiary when you first open the account.
A designation of beneficiary form outlines your desire to have the funds due upon your death paid out in a particular way.
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.
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.
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People also ask

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.
Other Risky Beneficiary Choices to Avoid 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.

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