How to name beneficiaries and fund a trust at Globe Life
Covers 12 insurance accounts — beneficiaries can be managed online
Customer Service
7677 Henneman Way, McKinney, TX 75070
Customer Service
7677 Henneman Way, McKinney, TX 75070
Life Claims Division
PO Box 8076, McKinney, TX 75070
Beneficiary designations are the foundation of estate planning for Globe Life 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.
With 12 product types, Globe Life offers a range of transfer options. Some policies support beneficiary designations, others can be retitled into a trust, and some require probate if no beneficiary is designated. The sections below break down each step.
- Primary beneficiary: full legal name, date of birth, relationship, and percentage allocation
- Optionally add contingent (secondary) beneficiaries with their details
- For trusts: enter the full legal trust name, date established, and Trust EIN as the beneficiary
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Trusts can be named as primary or contingent beneficiaries
- Multiple beneficiaries can be named with specific percentage allocations; if percentages are not specified, benefits are divided equally
- Beneficiary changes can only be made during the lifetime of the insured
- Completing a new beneficiary form replaces all existing beneficiary designations
- Irrevocable beneficiary designations require the beneficiary's written consent to change
- Community property states may require spousal consent for beneficiary changes
- Use full legal names; avoid generic designations like "my spouse" or "my children" to prevent disputes
- A trustee of a trust can be named as a beneficiary to allow structured distribution of proceeds
Sources
- home.globelifeinsurance.com
- eclaims.ailife.com
- eclaims.globelifeinsurance.com
- eclaims.globelifeofnewyork.com
- eclaims.unitedamerican.com
- globelifeinsurance.com
- myaccount.globelifeinsurance.com
Data sourced from Globe Life primary sources (18 pages reviewed). How we research.
Download these Globe Life instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Globe Life primary sources. Bring it to the branch or keep it beside the phone.
Customer Service
7677 Henneman Way, McKinney, TX 75070
Customer Service
7677 Henneman Way, McKinney, TX 75070
Life Claims Division
PO Box 8076, McKinney, TX 75070
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