In simple terms, a life insurance beneficiary is a person who is entitled to receive the death benefit. There is no hard and fast rule that only your spouse or children can be named as your life insurance beneficiaries. There […]
One of the most important decisions you make when purchasing a life insurance policy is choosing your beneficiary. A beneficiary on your life insurance policy is a person who receives the benefits of the policy in the event of your […]
For many who are covered under a life insurance policy, the fact that they are married makes selecting a beneficiary an easy choice. If you are single, however, the choice becomes much more complicated, and it is complicated even further […]