MMC Benefits Handbook
Beneficiaries
You can name anyone as your beneficiary, including a trust or an estate, or you can name multiple beneficiaries who will split the benefit. To name or change a beneficiary, go to Colleague Connect (https://colleagueconnect.mmc.com). Click Career & Rewards and select Mercer Marketplace Benefits Enrollment Website under Tools.
Can I assign my benefit to someone else?
The Plan also permits an absolute assignment to an individual or a trust. See "Assigning Your Benefit."
It is important to have a current beneficiary designation on file with the Company at all times. If you have no surviving beneficiary, the benefit will be paid to your estate.
How do I name or change my beneficiary?
To name or change a beneficiary, go to Colleague Connect (https://colleagueconnect.mmc.com). Click Career & Rewards and select Mercer Marketplace Benefits Enrollment Website under Tools. However, if an irrevocable or absolute assignment is completed, you cannot change your beneficiary under any circumstances. For more information on assigning your benefit, see "Assigning Your Benefit."
Who receives my life insurance benefit if I don't name a beneficiary?
If you do not name a beneficiary, or if your beneficiary isn't alive when you die, the benefit will go to your estate.