Yes! You can use AI to fill out Beneficiary Designation Form (TLB 1314SGE BDF 0325)

A very common and critical error is having a person named as a primary or contingent beneficiary also sign as the witness. The form explicitly states, 'The witness of this form cannot be a named beneficiary or an existing beneficiary.' This mistake can invalidate the entire designation, leading to legal challenges and the possibility of the proceeds being distributed based on a prior designation or going to the estate. To avoid this, always select a neutral, non-beneficiary adult to witness your signature.

Policy owners frequently make calculation errors, causing the allocated shares for primary beneficiaries to total more or less than 100%. This ambiguity forces the insurance company to reject the form or seek clarification, delaying the update and potentially causing issues during a claim. Always double-check that the percentages for all primary beneficiaries sum exactly to 100% before submitting the form.

People often focus solely on primary beneficiaries and leave the contingent section blank. If all primary beneficiaries predecease the insured and no contingent beneficiaries are listed, the death benefit is typically paid to the policy owner's estate. This can subject the funds to probate, legal fees, and creditor claims, delaying distribution to heirs. To ensure a smooth transfer of assets, always designate at least one contingent beneficiary.

Listing a minor child directly as a beneficiary without proper legal structure is a frequent mistake. Insurance companies cannot pay large sums directly to a minor, which necessitates a court-appointed guardian to manage the funds—a costly and lengthy process. To avoid this, you should consult a legal advisor about setting up a trust for the minor or appointing a custodian under the Uniform Transfers to Minors Act (UTMA).

Instead of using the 'Full Name as shown on ID Card/Passport,' people often use nicknames, initials, or general descriptions like 'My Children.' This creates ambiguity and can lead to significant delays and disputes during the claim process while the insurer verifies identities. Always use the full, legal name for each beneficiary to ensure there is no confusion about your intentions.

If a previous designation named an 'irrevocable beneficiary,' their signature is required on page 3 to make any changes. Policy owners often forget this or misunderstand its legal weight, submitting the form without the required consent. This automatically invalidates the new designation, leaving the prior, unchangeable beneficiary in place until the form is resubmitted correctly.

The form specifies the date format as 'dd/mm/yyyy,' but applicants, particularly from the US, often default to 'mm/dd/yyyy.' This seemingly minor error can create confusion about the legal effective date of the document, potentially requiring clarification and delaying processing. Using an AI-powered form filling tool like Instafill.ai can help prevent this by automatically validating and formatting dates according to the form's specific requirements.

The instructions state to cross out mistakes and initial the change, but many people use correction fluid or forget to add their initials. Such corrections can be contested and may lead the company to question the form's validity, forcing you to fill out a new one. Always follow the specified procedure to ensure any changes are accepted without issue.

Omitting or incorrectly entering the policy number at the top of the form is a simple but surprisingly common oversight. Without this key identifier, the insurance company cannot associate the form with your policy, rendering the submission invalid until it is corrected. Since this form is a non-fillable PDF, a tool like Instafill.ai can convert it into a fillable version and help ensure critical fields like the policy number are not left blank.

The form clearly instructs users to 'Please complete in ENGLISH and BLOCK CAPITALS.' Many people ignore this and use cursive or lowercase handwriting, which can be difficult to read accurately. Illegible handwriting can lead to data entry errors by the processing agent, such as misspelling a beneficiary's name, which can cause major problems later. Taking the time to write clearly in block letters prevents such avoidable mistakes.