Tag: Designate a Beneficiary


Why Your Life Insurance Will Require You to Designate a Beneficiary

Even if you have a will, you’ll need to designate a beneficiary on your life insurance policy. When you finally buy that life insurance policy for your family, you’ll be asked to name a beneficiary. This person will receive any policy proceeds that are paid out at your death. When you’re asked to fill out the paperwork, you may not

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