Life Insurance Beneficiary at Life

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Life Insurance Beneficiary. Get an explanation regarding why a death benefit claim was denied. Can anyone be your life insurance beneficiary?

Estate Planning for Pets Life Insurance Policy
Estate Planning for Pets Life Insurance Policy from www.skinnerlawpdx.com

The most popular examples include: Your life insurance beneficiary is the designated person or enitity that will collect your policy's death benefit when you die. As the name suggests, a life insurance beneficiary is the person or entity that you legally designate to receive the benefits of your life insurance policy when you pass away.

Estate Planning for Pets Life Insurance Policy

Can anyone be your life insurance beneficiary? As some agents like to say, you can even name your secret lover as a life insurance beneficiary. What is a life insurance beneficiary? The amount that they will be paid is known as the death benefit of the policy.