StateTrust Life & Annuities

You may request a change in beneficiaries at any time while your policy is in effect.

1. Main Beneficiaries:	They are designated when the policy or plan are underwritten. You can designate more than one Main Beneficiary. A minimum of one beneficiary is required. To designate a beneficiary you must provide their full name, date of birth, and relationship or kinship with you. You must also indicate the percentage of the total benefit that will go to that beneficiary (total for all beneficiaries must add up to 100%). If, at the time of the death of the Insured, one of the Main Beneficiaries had died, any policy benefits will be distributed among the surviving beneficiaries. You may also provide special instructions if you wish to determine a different benefit distribution. Beneficiaries may be changed at any time during the life of the policy.
2. Contingent Beneficiaries:	These beneficiaries are optional. They are designated when the policy or plan are underwritten. You can designate more than one Contingent Beneficiary. To designate a beneficiary you must provide their full name, date of birth, and relationship or kinship with you. You must also indicate the percentage of the total benefit that will go to that beneficiary (total for all beneficiaries must add up to 100%). If, at the time of the death of the Insured, one of the Main Beneficiaries had died, any policy benefits will be distributed among the Contingent Beneficiaries. You may also provide special instructions if you wish to determine a different benefit distribution. Beneficiaries may be changed at any time during the life of the policy.
Important:	Policy benefits may not be paid out to minors. If any beneficiary is a minor, the policy benefit will be paid in the name of their parent or legal guardian, in benefit of the minor. Beneficiaries may be individuals or corporations.

If you wish to request a change of beneficiaries, please follow these steps:

Internet:

Access your plan or policy with your username and password.
Click on the Changes in Conditions menu.
Edit the information under Designation of Beneficiaries and submit.
You will receive a confirmation for your requested changes via email.

Email:

Open the PDF document on this page.
Complete the information on the form.
Please send via email to: cambios@statetrustlife.com
You will receive a confirmation for your requested changes via email. In some cases, you may receive a phone call to request more information.

Below are changes available for a variable life policy:

1. Insured Amount:	Increase amount: Effective on the date of the first anniversary. Certain requirements and restrictions may apply. Decrease amount: Effective on the date of the second anniversary.
2. Premium Amount:	Increase amount: This type of change is only necessary if you want your renewal notices to show the new amount. In a variable plan, you may send different amounts at any time (some restrictions apply). Decrease amount: An assessment might be required to approve this change.
3. Payment Frequency:	Options: Monthly, quarterly, bi-annually, annually.
4. Investment Profile:	Please see Changes to Investment Profile section.
5. Riders	Options: Add, modify or eliminate a benefit rider for accidental death, temporary insurance, and spouse/other insured.

Below are changes available for a term life policy:

1. Payment Frequency:	Options: Bi-annually, annually (subject to underwriting approval).
2. Riders:	Options: Add, modify or eliminate a benefit rider for accidental death, temporary insurance, and spouse/other insured.

Below are changes available for a variable retirement/education plan;

1. Premium Amount:	Increase amount: This type of change is only necessary if you want your renewal notices to show the new amount. In a variable plan, you may send different amounts at any time (some restrictions apply). Decrease amount: An assessment might be required to approve this change.
2. Payment Frequency:	Options: Monthly, quarterly, bi-annually, annually.
3. Investment Profile:	Please see Changes to Investment Profile section.
4. Contribution Period:	You may request more or less years of contributions.

If you wish to make changes to or update your personal information, you may do submit them via:

Internet:

Access your plan or policy entering your username and password in the Client Access
Select Policy Changes.
Please select your change and submit.
You will receive a confirmation for your requested changes via email.

Email:

Open the PDF document on this page.
Complete the information on the form.
Please send via email to: servicios@statetrustlife.com
You will receive a confirmation for your requested changes via email.

CHANGES IN CONDITIONS OR BENEFICIARIES