How to name beneficiaries and fund a trust at Physicians Mutual
Covers 10 insurance accounts — beneficiaries can be managed online
Phone1-800-228-9100
Mailing Address
Physicians Mutual Insurance Company, PO Box 3313, Omaha, NE 68103-0313
Medicare Supplement Sales
Alternate Customer Service
Claims Direct Line
Fraud Concerns
Corporate Office
WebsiteLearn more→
Phone1-800-228-9100
Mailing Address
Physicians Mutual Insurance Company, PO Box 3313, Omaha, NE 68103-0313
Medicare Supplement Sales
Alternate Customer Service
Claims Direct Line
Fraud Concerns
Corporate Office
WebsiteLearn more→
Life Insurance Claims
Phone1-800-228-9100
Fax(402) 633-1088
Mailing Address
Physicians Life Insurance Company, P.O. Box 2018, Omaha, NE 68103-2018
WebsiteNotify online→
Verified Apr 2026
For Physicians Mutual policyholders, estate planning comes down to one critical step: making sure the right beneficiaries are named on every policy. Insurance proceeds bypass probate entirely and go directly to whoever is listed—regardless of what a will says. When estate tax planning or controlled distributions are a factor, a trust can be named as beneficiary instead.
Across 10 product types, Physicians Mutual policies vary in how they transfer at death. The sections below walk through beneficiary designations, trust funding options, and which products support each method.
Physicians Mutual Term Life InsurancePhysicians Mutual High Benefit Term Life InsurancePhysicians Mutual Whole Life InsurancePhysicians Mutual Modified Whole Life InsurancePhysicians Mutual Children's Whole Life InsurancePhysicians Mutual Dental InsurancePhysicians Mutual Medicare Supplement InsurancePhysicians Mutual Cancer InsurancePhysicians Mutual Accident InsurancePhysicians Mutual Pet Insurance
1
Log in to My Account at physiciansmutual.com/myaccount/login
2
Navigate to the beneficiary change section
3
Complete the online beneficiary form:
- Fill out the brief online beneficiary form with primary and contingent beneficiaries
- Submit the form electronically
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- All beneficiary changes must be submitted in writing
- The policyowner can change the beneficiary at any time
- Beneficiary designations override instructions in a will
- Percentage allocations must total 100% for each beneficiary tier
- Children under 18 cannot receive benefits directly; name a custodian or trust instead
Phone1-800-228-9100
Mailing Address
Physicians Mutual Insurance Company, PO Box 3313, Omaha, NE 68103-0313
Medicare Supplement Sales
Alternate Customer Service
Claims Direct Line
Fraud Concerns
Corporate Office
WebsiteLearn more→
Phone1-800-228-9100
Mailing Address
Physicians Mutual Insurance Company, PO Box 3313, Omaha, NE 68103-0313
Medicare Supplement Sales
Alternate Customer Service
Claims Direct Line
Fraud Concerns
Corporate Office
WebsiteLearn more→
Life Insurance Claims
Phone1-800-228-9100
Fax(402) 633-1088
Mailing Address
Physicians Life Insurance Company, P.O. Box 2018, Omaha, NE 68103-2018
WebsiteNotify online→
Verified Apr 2026
Estate planning articles
Learn how to protect your Physicians Mutual accounts and other assets with trusts, beneficiary designations, and estate planning documents.
