If you want multiple individuals to receive a portion of your insurance policy payout, then you’ll need to do the following:
1. Provide the beneficiaries full name, address, date of birth, and social security number (if available)
2. Determine the percentage that you want each party to receive – it does not need to be divided equally among each party
3. Ensure that you submit the signed beneficiary paperwork along with the above details to your insurance provider so that each party is correctly listed on your policy
