post Category: Life Insurance post postFebruary 5, 2008

Do you understand how your life insurance proceeds will be distributed at your death? Do you have a written, legal Will? The confusing part here is that we name a “beneficiary” in both documents, but does one have anything to do with the other?

Google

Wills

Some people have Wills, others do not and still other people feel they just don’t need one.

Why You Just Might Need A Will

  • If you want to name a guardian for your minor children
  • If you want to name a trustee for money left to minor children
  • If you want to specifically state how your possessions (except life insurance) are distributed at your death

If you die without a Will, your state will write one for you and the court will make all the decisions according to state law.

Life Insurance Beneficiary

The “beneficiary” designation in your life insurance policy can very well be the most important part of the policy.

The “beneficiary” designation in your Will has no affect on the “beneficiary” designation in your life insurance policy, unless you have named your beneficiary as “Estate”.

No, a Will does not change a beneficiary designation in a life insurance policy.

 

Work at Home - Start Part Time!

 

Google

Buying Insurance

  • Auto Insurance
  • Business Insurance
  • Discount Dental Plans
  • Discount Health Plans
  • Group Health Insurance
  • Home Insurance
  • Life Insurance
  • Insurance Terms

  • A-C
  • D-H
  • I-M
  • N-P
  • R-T
  • U-W


  • Sponsored Links
    Discount Dental Plans Under $20 Nationwide Dental Plan Provider Network. Savings on both preventive and restorative dental services, prescription drugs, vision and chiropractic care.
    Discount Health Plans Under $60
    Healthcare savings from a nationwide healthcare network. Savings on healthcare for your entire household under $60 per month.

    Domestic Violence Is An Epidemic!
    Over 4 Million women suffer physical or emotional abuse every day in the United States. Children witness their mothers being assaulted or even killed. Let’s talk! Let’s change domestic violence.

    Wild Western Classics
    Learn about the actors and characters who have portrayed the wild west in movies and on television. If you are a fan of the old west, you will love this site.

    Tennessee Insurance
    If you live in or are relocating to Tennessee, we would like to help you with all your insurance needs - auto, home, business, life, health and dental plans.

    AmPmInsure.org
    The best source for insurance information on the web. Join in on insurance discussions or ask important insurance questions. Membership in this insurance community is free and every member has access to a free insurance blog.

    Discount Dental Plans


    Explore Life Insurance

    https://www.hometownquotes.com/

    Insurance Contact Information In The United States


    Home   |   Blog Policies   |   Site Map

    Technorati Tags: , , , , ,

    Share and Enjoy:These icons link to social bookmarking sites where readers can share and discover new web pages.
    • digg
    • Ma.gnolia
    • NewsVine
    • Reddit
    • YahooMyWeb

    Sorry, comments are closed.