Archive for the Beneficiary Category
February 1, 2010 | Beneficiary, Featured | Pamela Spencer | No Comments
When it comes to choosing the beneficiary for your life insurance policy, you have the ability to name whomever you want. However, there are a few things you should consider before you actually name your beneficiaries on your life insurance policy documents. For one thing, you need to be name specific. Simply stating “my spouse”or “my wife” could put you at risk of an ex-spouse or partner trying to claim benefits after a divorce.
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December 11, 2009 | Beneficiary, Featured | Pamela Spencer | No Comments
If you are a life insurance policy beneficiary, you first need to find out which insurance company you need to contact. You can find this out by locating a copy of the policy in the deceased person’s home or in their important papers that could be stored in a safety deposit box or other location.
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April 10, 2009 | Beneficiary, Featured | Pamela Spencer | No Comments
When it comes to managing a life insurance policy there are usually tough decisions that must be made. One of the hardest is deciding who you should be the beneficiary on your policy. It can be difficult to decide who most needs the death benefit that your life insurance would pay in the event of your death. Although this can be a hard thing to have to think about, it’s critical to give it some serious thought. Often the first person you think of for your beneficiary might not be the best one to choose. Here are a few things you should consider when deciding who should be your beneficiary.
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