Choosing a Life Insurance Beneficiary

15 Jun
A life insurance policy provides financial support to those who survive you after your death. A life insurance beneficiary is the person who receives the death benefit payout from your life insurance policy when you die. This payout can be used for costs associated with your death (like funeral arrangements and paying off hospital bills) so that your family and friends aren’t burdened with those. But it can also be used by your beneficiary to pay off mortgages, help with childcare, purchase a new house, etc. More>>  

Leave a Reply