Collect Beneficiary Information for Life Insurance

We are excited to announce that the ability to designate beneficiaries is now integrated into BambooHR® Benefits Administration, enhancing benefits management and overall employee satisfaction.

This functionality is specific to life insurance plans, which admins can enable in the benefit plan setup.

Employees can add and designate beneficiaries during the enrollment process.

Additionally, they can manage their beneficiary information at any time through the Benefits tab of their employee profile, allowing for ongoing updates outside of enrollment periods.

This capability maintains compliance, eases administrative tasks, and ensures that employee preferences are accurately recorded. As always, we love your feedback! To provide product feedback on this feature and more, head over to our product feedback page and let us know how we’re doing.