Be sure to periodically review the person(s) you have on file with SRA as you current beneficiary. There are many cases wherein members suffer a death or divorce in the family which most often results in the desire for the member to change his or her designated beneficiary. The problem arises when the member fails to submit an updated change of beneficiary form designating the newly assigned beneficiary. This can result in a ‘messy’ and protracted legal proceeding which will most often result in you life insurance benefits being dispensed to someone not currently of you choosing.
The process to change your beneficiary is very simple. Just click on the below link to obtain a ‘Change of Beneficiary’ form.