How do I change my life insurance beneficiary(ies)?
For the Personal Accident Insurance (AD&D) and/or the Basic Life Insurance plan, see the Web Tools and Forms page for beneficiary change forms. You will need to contact the specific life insurance provider for beneficiary changes under other insurance plans. Additionally, you may want to consider obtaining legal counsel if you will be establishing or amending a trust fund or will. What about the beneficiary(ies) designations for my retirement plans? Beneficiary designations for your 403(b) retirement accounts are important. When making your beneficiary designation, specify primary and contingent beneficiaries and the benefit allocation to each. If you are listed as married in the Duke Payroll system and die before beginning to receive your 403(b) benefits, then according to federal law, your named spouse is entitled to 50% of your retirement account balance in the form of a pre-retirement survivor annuity. This rule applies unless a “Waiver of Pre-retirement Survivor Annuity” election
