How to name beneficiaries and fund a trust at CNO Financial
Covers 9 insurance accounts — beneficiaries can be managed online
CNO Financial Group Corporate
Phone317-817-2893
Toll-Free800-426-6732
Mailing Address
CNO Financial Group, Inc., 11299 Illinois Street, Suite 200, Carmel, IN 46032
Washington National Policyholder Services
Washington National General Inquiries
Bankers Life Policyholder Services
Colonial Penn Policyholder Services
Bankers Conseco Life
CNO Tell CNO Hotline (24/7)
WebsiteLearn more→
CNO Financial Group Corporate
Phone317-817-2893
Toll-Free800-426-6732
Mailing Address
CNO Financial Group, Inc., 11299 Illinois Street, Suite 200, Carmel, IN 46032
Washington National Policyholder Services
Washington National General Inquiries
Bankers Life Policyholder Services
Colonial Penn Policyholder Services
Bankers Conseco Life
CNO Tell CNO Hotline (24/7)
WebsiteLearn more→
Washington National Life & Annuity Claims
Phone800-525-7662
Toll-Free800-525-7662
Fax(317) 817-4431
Mailing Address
Washington National Insurance Company, Life & Annuity Claims, PO Box 1917, Carmel, IN 46082-1917
Bankers Life Claims
Colonial Penn Claims
Washington National General Policyholder Services
Long-Term Care / Short-Term Care Claims
Supplemental Health Claims Fax (PO Box 2024)
Medicare Supplement Claims Fax (PO Box 2034)
Verified May 2026
Beneficiary designations are the foundation of estate planning for CNO Financial policies. Unlike bank accounts, insurance products cannot be retitled into a trust. Instead, the beneficiary designation itself determines who receives the proceeds and how quickly they're paid. Naming a trust as beneficiary is an option when more control over distributions is needed.
CNO Financial offers 9 policies, each with its own transfer rules. The sections below cover how to set up beneficiaries, fund a trust, and which products support each approach.
Washington National Whole Life InsuranceWashington National Term Life InsuranceWashington National Universal Life InsuranceWashington National Monthly Income ProtectionWashington National Accident InsuranceWashington National Critical Illness InsuranceWashington National Hospital Indemnity InsuranceWashington National Fixed AnnuityWashington National Fixed Indexed Annuity
1
Log in to your account at https://my.washingtonnational.com
2
Navigate to the self-service forms section at https://my.washingtonnational.com/self-service-forms
3
Select the beneficiary change request for your annuity or life policy
4
Enter the updated beneficiary information and submit the request online
5
If you have trouble accessing your account, a downloadable form is available at https://my.washingtonnational.com/forms
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Beneficiary changes can be submitted online at my.washingtonnational.com or in writing by mail
- Percentage allocations must total 100% for each beneficiary tier
- Beneficiary designations override instructions in a will or trust
- Only the policy owner can change beneficiary designations
- Irrevocable beneficiary designations require beneficiary consent to change
- Children under 18 cannot receive benefits directly; name a custodian or trust instead
CNO Financial Group Corporate
Phone317-817-2893
Toll-Free800-426-6732
Mailing Address
CNO Financial Group, Inc., 11299 Illinois Street, Suite 200, Carmel, IN 46032
Washington National Policyholder Services
Washington National General Inquiries
Bankers Life Policyholder Services
Colonial Penn Policyholder Services
Bankers Conseco Life
CNO Tell CNO Hotline (24/7)
WebsiteLearn more→
CNO Financial Group Corporate
Phone317-817-2893
Toll-Free800-426-6732
Mailing Address
CNO Financial Group, Inc., 11299 Illinois Street, Suite 200, Carmel, IN 46032
Washington National Policyholder Services
Washington National General Inquiries
Bankers Life Policyholder Services
Colonial Penn Policyholder Services
Bankers Conseco Life
CNO Tell CNO Hotline (24/7)
WebsiteLearn more→
Washington National Life & Annuity Claims
Phone800-525-7662
Toll-Free800-525-7662
Fax(317) 817-4431
Mailing Address
Washington National Insurance Company, Life & Annuity Claims, PO Box 1917, Carmel, IN 46082-1917
Bankers Life Claims
Colonial Penn Claims
Washington National General Policyholder Services
Long-Term Care / Short-Term Care Claims
Supplemental Health Claims Fax (PO Box 2024)
Medicare Supplement Claims Fax (PO Box 2034)
Verified May 2026
Estate planning articles
Learn how to protect your CNO Financial accounts and other assets with trusts, beneficiary designations, and estate planning documents.
