Pekin Life
Subsidiary of The Farmers Automobile Insurance Association (Pekin Insurance)
pekininsurance.comEstate planning options at Pekin Life
Beneficiary designations are the foundation of estate planning for Pekin 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.
Each of Pekin Life's 17 policies has different rules for how it transfers at death. The sections below explain the options for each.
No beneficiary form at Pekin Life
Open the form →What Pekin Life says about beneficiaries
Each section is Pekin Life's own statement, with the document it comes from numbered under Sources.
Who can be named1
- A trust, life insurance policys
Pekin's life insurance guidance says to name a trust as beneficiary if you want a minor to receive the payment.1
Not in Pekin Life's published guidance4
- What the owner provides to name a beneficiary
- A beneficiary designation form
- How long a change takes
- Channels for a beneficiary change
Sources
(1)·
Data sourced from Pekin Life primary sources (18 pages reviewed). How we research.
Download these Pekin Life instructions
A printable PDF with the steps, required documents, and contact details, verified against Pekin Life primary sources. Bring it to the branch or keep it beside the phone.
Pekin Life estate support
Policy Services
Phone
Billing - Life Insurance
Life and/or Annuity Claims
Hours
Mailing address
Website
Estate requests go through general customer service.
Estate planning articles
Learn how to protect your Pekin Life accounts and other assets with trusts, beneficiary designations, and estate planning documents.
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