A life insurance beneficiary can be a person, entity or organization you choose to receive the death benefit from your life insurance policy after you pass away. Once your beneficiary receives the ...

My husband and I are both on our second marriage. We each have children from previous marriages. His divorce decree from his first wife states that he must maintain a $350,000 life-insurance policy ...

A life insurance beneficiary is someone who is legally designated to receive the death benefit of the insurer. When the policyholder dies, beneficiaries receive a sum of money as long as several ...

Life insurance works by providing a financial safety net for your loved ones if you died and were no longer able to provide for them. But before you can decide what type of cover, and how much of it ...

One of the biggest myths and misconceptions of estate planning is that a will controls the disposition of all one’s assets at death. This is not the case. Failing to distinguish the difference between ...

A beneficiary is the person you choose to receive your life insurance death benefit after you die. You can choose multiple beneficiaries and designate a certain percentage of the death benefit for ...