Coping After a Loss

Update benefits after the loss of a dependent:

• Remove Dependent — Adjust health, dental, vision, accident, critical illness, and hospital indemnity plans
• Review Personal Coverage — Ensure you and your family have appropriate benefits coverage
• Update Additional Plans — Adjust life insurance, AD&D, and identity theft protection

Reassess finances to accommodate this change:

• Evaluate Savings — Plan for medical, funeral, or other unexpected expenses
• Navigate Finances — Budget, manage debt, and review tax implications with Lincoln WellnessPATH
• Adjust HSA and FSA Accounts — Remove the dependent and update contributions, if needed
• Update Life Insurance — Revise policies and beneficiaries accordingly
• Review Retirement and Investments — Assess 401(k) adjustments and financial planning needs

As life changes, so should your key documents:

• Update Beneficiaries — Adjust designations for life insurance, AD&D, 401(k), HSA, FSA, and other assets. Seek legal counsel before naming a minor due to limitations on payouts of life and AD&D policies to minors
• Refresh Emergency Contacts — Ensure HR, insurers, and others have the correct details
• Review Legal Plans — Update wills, power of attorney, and estate plans through the EAP

Life can be unpredictable, but our Employee Assistance Program (EAP) through ComPsych offers help 24/7:

• Time to Grieve — Explore your leave options with HR
• Counseling Services — Get five free sessions for individual or family guidance. Additionally, access resources for grief, stress management, and emotional well-being
• Family Resources — Access tools for coping and emotional support
• Community Assistance — Get referrals for housing, financial aid, and other community aid programs
• Expert Referrals — Your EAP finds local vetted businesses for pet care, travel, tech support, event planning, real estate, moving, home repairs, and more