How to name beneficiaries and fund a trust at CNO Financial
Covers 9 insurance accounts — beneficiaries can be managed online
CNO Financial Group Corporate
CNO Financial Group, Inc., 11299 Illinois Street, Suite 200, Carmel, IN 46032
CNO Financial Group Corporate
CNO Financial Group, Inc., 11299 Illinois Street, Suite 200, Carmel, IN 46032
Washington National Life & Annuity Claims
Washington National Insurance Company, Life & Annuity Claims, PO Box 1917, Carmel, IN 46082-1917
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.
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
Sources
Data sourced from CNO Financial primary sources (19 pages reviewed). How we research.
Download these CNO Financial instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against CNO Financial primary sources. Bring it to the branch or keep it beside the phone.
CNO Financial Group Corporate
CNO Financial Group, Inc., 11299 Illinois Street, Suite 200, Carmel, IN 46032
CNO Financial Group Corporate
CNO Financial Group, Inc., 11299 Illinois Street, Suite 200, Carmel, IN 46032
Washington National Life & Annuity Claims
Washington National Insurance Company, Life & Annuity Claims, PO Box 1917, Carmel, IN 46082-1917
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