Once you've determined who you would want as your beneficiaries, you should specify them on the life insurance beneficiary designation form. (valuepenguin.com)
In addition, each of the partners will pay such premiums, and have a percentage of beneficiary designation, that is in the same proportion to their percentage of ownership in the company. (insurancescored.com)
They are meant as a guide for thinking through and wording your own beneficiary designation on your life insurance policy. (quotacy.com)