When the insurance policy's owner wishes to send the letter to the insurance company to change the designation of a beneficiary, this Change of Beneficiary form can be used.
When the insurance policy's owner wishes to send the letter to the insurance company to change the designation of a beneficiary, this Change of Beneficiary form can be used. That means that this letter will inform the insurance company that a new person or organization needs to be listed as a primary or contingent beneficiary on an existing policy. The main letter's purpose is to request the change to a beneficiary and ask the insurance company to either confirm or send further documentation needed for the change.
You fill out a form. The document is created before your eyes as you respond to the questions.
At the end, you receive it in Word and PDF formats. You can modify it and reuse it.
The person filling the document will put the information needed to make a well-done request for a change of beneficiary. This letter will cover the details about identifying information about the parties, as well as information about the prior beneficiary and new beneficiary.
A completed document should be printed, signed, and send to the insurance company.
In the US, no specific laws govern beneficiary change request letters. However, the insurance company may require another particular form to be filled out after this letter is sent.