Beneficiary/Life Event Changes

Beneficiaries

CF makes it easy for you to stay prepared for unexpected changes by simplifying the process of adding or updating your beneficiaries at any time.  We offer multiple protection plans to ensure comprehensive coverage for you and your loved ones. If you experience a life event change, be sure to update all your plans.

Remember to update your beneficiary details regularly to ensure your benefits are distributed according to your wishes and easily located by providers. The beneficiary form can be found here and how to load the document to Workday can be found here.

There is just one CF form to complete for both the death in service life insurance policy and for the pension scheme. However, you should also update your beneficiaries on the Mercer app or at www.mercermoney.com.

Life Event Change

Once you make your benefit elections, you will not be able to make changes unless you experience a Life Event Change. Examples of Life Event Changes include a change in:

• Legal marital status (e.g., marriage, divorce, death of spouse, legal separation)
• Number of dependants (e.g., birth, adoption, death of dependant, ineligibility due to age)
• A dependant’s eligibility status (e.g., a dependant child is no longer eligible)
• Employment or job status