Life Changes and So May Your Beneficiaries

Life Changes and So May Your Beneficiaries

Marriage, divorce, the birth or adoption of a child, or the death of a loved one are common reasons why you may need to review your beneficiary designations.

Make a commitment this month to review your beneficiary designations. Make sure your beneficiary designations are clear and that they reflect your current intentions. It is also important to name both a primary and a contingent (secondary) beneficiary.

Basic Life, Basic AD&D and Supplemental Life Insurance

  • Go to crown.benefitsnow.com and enter your User ID and Password
  • Click Health & Insurance > Take Action
  • Select Manage Beneficiary from the drop-down menu
  • Or call the Health Benefits Service Center at 844.577.4341

Smart-Choice Health Savings Account (HSA)

  • Go to crown.benefitsnow.com and enter your User ID and Password
  • Click Reimbursement Accounts
  • Click on Health Savings Account
  • Go to Account Resources and select View Beneficiaries
  • Or call the Health Benefits Service Center at 844.577.4341

401(k) Retirement Savings Plan

  • Go to benefits.ml.com and enter your User ID and Password
  • Click My Accounts > Crown Equipment 401(k) > Current Elections
  • Select Beneficiary Designations/Updates from the drop-down menu
  • Or call the Retirement and Benefits Contact Center at 800.228.4015 if you want a beneficiary form to be sent to you and then forward your completed form to Merrill.

Beneficiary designations is not a set it and forget it task. Strive to review your beneficiary designations regularly to ensure they are always correct.

Take Charge. Live Well!