Group blanket life: Employer have Employees assign beneficiary?

[yorkriver1]

One of my group medical clients medical plan has an add on benefit automatically that gives life insurance benefits to enrolled employees, a fixed amount: $10,000. The employer hasn't had them complete beneficiary forms.
The general rules of succession would play out, but maybe not how the employee would have intended.
Looking around, one of the HR organizations has a generic beneficiary form employers can provide.
Do you all have that done as a practice?
If the employees enroll separately in employer group or voluntary offerings the forms have a space for beneficiary, but the blanket benefit doesn't require or offer that.

 

[leevena]

Never heard of a similar situation. In the absence of a beneficiary, the proceeds will go the the insureds estate and will be subject to delay and costs. Who is the owner of the policy?

Also, I believe beneficiary designation must be on an approved form from issuing company, but will defer to others on this.