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Be sure your beneficiary information is up-to-date to ensure your wishes are fulfilled
Each year employees are asked take a moment to review their beneficiary information in order to ensure each policy is set up how the employee wants. Several Purdue benefits provide for beneficiaries in the event of an employee death, so it is crucial that the information remain up-to-date.
Benefitfocus, the University’s benefits enrollment tool, is the official record of Purdue life insurance beneficiaries. As a reminder, life insurance beneficiary records are set to the plan default for employees who did not designate a beneficiary by the end of open enrollment last fall. Employees may follow these instructions to add or update beneficiaries in Benefitfocus at any time throughout the year.
Aside from life insurance, several other benefits have beneficiary designations as well, including health savings accounts, universal life, critical illness, accident insurance and retirement accounts. The Beneficiary Management web page outlines the benefit plans which have beneficiary designations and provides instructions on how to update those accounts.
For assistance with updating beneficiary records, contact Human Resources at hr@purdue.edu, HR Help (secure email) or call 765-494-2222 or toll-free at 877-725-0222.
- March 2019 Issue 6
- Healthcare concierge available to better serve employees
- Anthem’s Care & Cost Finder offers convenient, easy access to finding providers, services at low-costs
- Healthy Boiler Portal offers a wealth of health and wellness resources and information
- ‘Save Your Vision Month’ puts focus on eye health and annual eye exams: VSP can help
- Affordable Care Act requires dependent Social Security numbers for medical coverage
- A Virta tattoo? Why Anne got Virta’s logo tattooed on her arm
- Be sure your beneficiary information is up-to-date to ensure your wishes are fulfilled
- Anthem ConditionCare provides a no-cost program to help individuals manage chronic conditions
- Life change? Should your benefits change, too?
- 2018 flexible spending account claims need to be submitted by March 31, 2019