Benefits Handbook

You can name anyone you wish as a Beneficiary. To name or change a beneficiary, go to Colleague Connect (https://mmcglobal.sharepoint.com/sites/Home). Click Pay & Benefits and select Aptia365 Benefits Enrollment Website under Benefits.

You are always the beneficiary if your covered family members die.

If you do not specifically name a beneficiary, it will be the named beneficiary on your group life insurance program. If there is no designated beneficiary for an Insured's coverage or no designated beneficiary for the Insured's coverage is living after the Insured's death, the benefits will be paid, in equal shares, to the survivors in the first surviving class of those that follow: the Insured's (1) spouse; (2) children; (3) parents; or (4) brothers and sisters. If no class has a survivor, the beneficiary is the Insured's estate.

The Plan permits absolute assignment by gift. Assignments are generally made to a spouse or an adult child, or a trustee of an executed trust agreement. Any such assignment will irrevocably transfer the right, title, interest and incidents of ownership, both present and future, in such benefits.

To make an Assignment of Insurance, Absolute Assignment forms are available on Colleague Connect (https://mmcglobal.sharepoint.com/sites/home). Click Pay & Benefits, under Find a document, select Search all documents.

The assignment form must be reviewed, approved and authorized by the appropriate insurance company representative.

Assignment of benefits may involve federal and state income gift and estate tax questions. Legal advice from an attorney prior to making an assignment is recommended.