it’s crucial to name at least one life insurance beneficiary. A life insurance beneficiary is a person or entity you select to receive the death benefit from your life insurance policy when you ...

I understood that our divorce agreement specified that I should remain beneficiary of his life-insurance policy — that is how ...

With life insurance policies and other assets ... as these designations typically cannot be changed. Your beneficiaries list should be consistent with your estate planning. Your beneficiary ...

How long does a beneficiary have to claim proceeds from a life insurance policy? If months or years have passed since the policyholder’s death, should you worry about losing out on the benefit?

This is Kyle Woodley, the editor of Retire With Riley, and if you actually made the choice to read this article, let me just ...

Life insurance is designed to provide financial protection for your chosen beneficiaries. Term life insurance is generally ...

The reason you buy a term policy is for the promise of a death benefit for your beneficiary should you pass away while it’s ... The ability to withdraw or borrow from a whole life insurance policy ...

The policyholder can also be the beneficiary who receives a payout ... When you buy a whole life insurance policy, you should expect to pay premiums for decades. “If cash flow becomes tight ...

Almost 20 years ago, I took out a 20-year term life insurance policy for $500,000 and named my wife as beneficiary. The ...

You should realize ... policies that combine long-term care with permanent life insurance. If you don’t require long-term care, your beneficiary receives a death benefit. If you do require ...

that coverage is called pre-need life insurance. Pre-need insurance is risky because the beneficiary is the funeral home and coverage is specific to the chosen funeral home. Should the funeral ...