To change the beneficiary, the certificate owner may call us or send us a letter, fax or e-mail requesting a change of beneficiary form. Be sure to include the insured’s name, certificate number, owner’s name, and owner’s address. You may also print an Election of Change of Beneficiary form.
The Election of Change of Beneficiary form should be completed and signed by the certificate owner. If the beneficiary is the same on all certificates, you may use one form and list all certificate numbers. Otherwise, complete a separate request for each certificate.
The primary beneficiary must be someone other than the insured. Always state the beneficiary’s relationship to the insured.
Please include the shares to each beneficiary. A share is the fraction or percentage of the certificate’s proceeds that each beneficiary will receive. Unless otherwise requested, if two or more persons are named beneficiaries, proceeds shall be paid in equal shares to the beneficiaries or to such as survive.
When naming a trust as beneficiary, please include a copy of the page that names the trust and a copy of the last page with the signatures.
We recommend naming one or more contingent beneficiaries. The contingent beneficiary receives the proceeds if the primary beneficiary predeceases our insured.
The Change of Beneficiary form must be signed by a witness who cannot be a Beneficiary.
Mail the completed Change of Beneficiary form to the Home Office:
24950 Chagrin Blvd
Beachwood, OH 44122