Fillable Aetna Lifebeneficiary Form A (Eastern Michigan University)

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Aetna Lifebeneficiary Form A (Eastern Michigan University)

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The Aetna Lifebeneficiary Form A (Eastern Michigan University) form is 1 page long and contains:

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File type: PDF

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Aetna Life Insurance Company
Designation of Beneficiary
Before executing this form refer to other side. Please keep a copy for your records.
Group Policyholder Name
Group Policy Number
Employee/Retiree Name and Address Employee/Retiree Social Security Number
Subject to the terms of the above numbered Group Policy(ies), I request that any sum becoming payable by reason of my
death be payable to the following beneficiary(ies). It is my understanding that this designation shall operate so as to revoke all
designations of beneficiary and all elections of optional methods of settlement previously made by me under said Policy(ies). If
this Designation of Beneficiary refers only to a Group Life Insurance Policy and if I am also insured for Supplemental and/or
Group Accidental Death coverage, this designation shall apply to those coverages. This Designation of Beneficiary is subject
to all “Conditions” shown on the reverse side of this form.
Employee/Retiree Signature Date
Beneficiary Name and Address Primary Beneficiary*
Relationship
Social Security Number
Date of Birth (MM/DD/YYYY) Percentage
Beneficiary Name and Address (Please check one) Primary Beneficiary* or Contingent Beneficiary**
Relationship
Social Security Number
Date of Birth (MM/DD/YYYY) Percentage
Beneficiary Name and Address (Please check one) Primary Beneficiary* or Contingent Beneficiary**
Relationship
Social Security Number
Date of Birth (MM/DD/YYYY) Percentage
Beneficiary Name and Address (Please check one) Primary Beneficiary* or Contingent Beneficiary**
Relationship
Social Security Number
Date of Birth (MM/DD/YYYY) Percentage
*If more than one primary beneficiary is named, the primary beneficiaries shall share equally unless otherwise indicated above.
**Contingent Beneficiary(ies) will only receive proceeds if all Primary Beneficiaries have predeceased the Insured. If you are
naming more than one Contingent Beneficiary at 100% each, please indicate 1
st
contingent, 2
nd
contingent, 3
rd
contingent, etc.
in the order of precedence.
SPOUSAL CONSENT FOR COMMUNITY PROPERTY STATES ONLY - See Conditions on reverse side of form
Please note that an employee/retiree is under no obligation to complete the Spousal Consent section of this form.
I am aware that my spouse, the Employee/Retiree named above, has designated someone other than me to be the
beneficiary of group life insurance under the above policy. I hereby consent to such designation and waive any rights I may
have to the proceeds of such insurance under applicable community property laws. I understand that this consent and waiver
supersedes any prior spousal consent or waiver under this plan.
Spouse Signature
Date
GC-1362 (3-06) R-POD
Eastern Michigan University
#473398
Conditions
! Unless otherwise expressly provided in this Designation of Beneficiary form, if any named beneficiary
predeceases me, the life proceeds shall be payable equally to the remaining named beneficiary or
beneficiaries. If no named beneficiary survives me, any sum becoming payable under said Group
Policy(ies) by reason of my death shall be payable as prescribed in said Group Policy(ies).
! If this Designation of Beneficiary provides for payment to a trustee under a trust agreement, Aetna Life
Insurance Company shall not be obliged to inquire into the terms of the trust agreement and shall not be
chargeable with knowledge of the terms thereof. Payment to and receipt by the trustee shall fully
discharge all liability of said Insurance Company to the extent of such payment.
! If you live in one of the following community property states - Arizona, California, Idaho, Louisiana,
Nevada, New Mexico, Texas, Washington, or Wisconsin – your spouse may have a legal claim for a
portion of the life insurance benefit under state law. If you name someone other than your spouse as
beneficiary, payment of the death benefit may be delayed until your spouse’s claim is resolved. If you
make the beneficiary someone other than your spouse, it may be a good idea to complete the spousal
consent section, which allows the spouse to waive his or her rights to any community property interest in
the benefit.
Instructions
! Please use only black ink to complete this form.
! If you make a mistake in completing this form, line out the erroneous information, add the correct
information and initial the correction. The printed material on this form should not be deleted or
altered in any way.
! In all cases, the relationship of the beneficiary and the beneficiary’s social security number should be
included with the beneficiary designations.
! If beneficiary is to be contingent, be sure to check the appropriate box. A Contingent Beneficiary will
receive benefits only if the Primary Beneficiary(ies) do not survive the insured. If naming more than one
Contingent Beneficiary at 100% each, please indicate 1
st
contingent, 2
nd
contingent, 3
rd
contingent, etc.
! If a married woman is named beneficiary, her full legal name should be shown.
For example: Mary J. Smith, not Mrs. John J. Smith. Likewise, if this form is to be signed by a married
woman, she should sign her full legal name.
! If a minor child is named beneficiary, the date of birth along with the social security number must be
given.
! When two or more beneficiaries are named, and they are not to share the benefits equally, enter the
percentage each beneficiary is to receive on the form in the space provided. Dollars and cents should
not be specified. When added together, the sum of the percentages going to the two or more
named beneficiaries should not total more than 100%.
! If a trustee is named beneficiary, show the exact name of the trust, date of the trust agreement, and the
name and address of the trustee.
For example: The John J. Smith Revocable Life Insurance Trust, dated January 1, 1994. John Smith
Trustee, 123 Apple Lane, Hartford, CT 06006.
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Aetna Lifebeneficiary Form A (Eastern Michigan University)

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Completed 20 July 2020

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