Why do I need to designate beneficiaries?

Your beneficiary is the person (or entity) who will receive the distributions from your life insurance policy. It is important to keep this information up to date.

You are able to designate multiple primary and contingent beneficiaries.  Your primary beneficiary will receive the payout in the event of your death, while your contingent beneficiaries will receive the payout in the event of the death of your primary beneficiaries.

Beneficiaries must be designated in Zenefits during Initial or Open Enrollment, but can be changed during the year.

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