Something that we don’t like to think about is death. If we think about it, it becomes reality. Unfortunately, those circumstances will arise at some point, and you need to be sure your house is in order. With that said, have you checked your beneficiary designation lately for your Benefits?
· What’s a beneficiary?
A beneficiary is a person or entity you name to receive death benefits, if something were to happen to you.
· Why do I need one?
It’s important to have a designated beneficiary in order for your assets to go where you want/need them to go after death. If you do not name a beneficiary, the funds that you meant for loved ones may not get into their hands immediately.
Your Benefits Department holds a wealth of information to ensure that you have all your bases covered. Please contact your Benefits Department for more detailed information.