During the challenging time of a loved one's passing, notifying the necessary parties becomes a crucial part of the process. If your loved one was receiving a pension from Global Atlantic Financial Group, it's essential to inform them about the death to stop pension payments and discuss any potential survivor benefits.
Who Should Be Notified
Global Atlantic Financial Group should be notified if your loved one was receiving a pension through them. Pension providers need to know about the death of a recipient to stop payments and to provide information about potential dependents or survivors’ benefits.
When to Notify
Notify Global Atlantic Financial Group as soon as possible after the death of your loved one. Swift notification can prevent overpayments, which would typically need to be refunded.
How to Notify
Global Atlantic Financial Group can be notified by a phone call to their Customer Service Department. The contact number can be found on their website or any correspondence you have from them. You will likely need the policy number, the deceased's Social Security number, and a copy of the death certificate.
What to Expect After Notification
Upon notification of the death, Global Atlantic Financial Group will stop the pension payments. They will also provide information about any potential benefits that may pass to a surviving spouse or other named beneficiaries. Additionally, they will provide instructions if a refund is required for any overpayments made after the death.
Tips for Notification
When you contact Global Atlantic Financial Group, have all pertinent information on hand to streamline the process. This includes the deceased's policy number, Social Security number, and death certificate. Make note of the date, time, and the representative you spoke with for the call.
Although it's a challenging task, notifying the pension provider after a loved one's passing is a necessary step in settling their affairs. By understanding the process, you can ensure that this task is handled smoothly and efficiently during a difficult time.
Q: What if I don't have all the necessary information?
A: If you don't have all the required information, contact Global Atlantic Financial Group anyway. They may be able to locate the deceased's account with partial information.
Q: What happens if pension payments continue after the death?
A: If pension payments continue after the death, these will likely need to be refunded. Contact Global Atlantic Financial Group as soon as possible to rectify this.
Q: Can I notify Global Atlantic Financial Group online?
A: Currently, the best way to notify Global Atlantic Financial Group of a death is by phone. Check their website for the most up-to-date contact information.