The beneficiary is the person or entity that will receive your life insurance policy’s death benefit when you die. A beneficiary can also be an estate, trust or charity organization.

However, life insurance beneficiaries can conflict with the terms in your will if you aren't thorough. Your life insurance beneficiary designation usually supersedes your will. So … ...

However, life insurance beneficiaries can conflict with the terms in your will if you aren't thorough. Your life insurance beneficiary designation usually supersedes your will. So … ...

When selecting your life insurance beneficiary, think about who you want to provide for after your death. For many people, this is a spouse, children, grandchildren or other loved ones.

However, you could hit a snag if you have a life insurance policy, but your estate is the beneficiary. In that case, a nursing home might be able to make a claim against your estate for any money ...

If you don't have life insurance - or want to boost the coverage you have - now is a good time to act. Start by getting a free price quote so you know exactly what to expect.

This makes life insurance particularly well-suited to providing beneficiary care as a means of offering dedicated support for grieving family members. Each beneficiary is carrying a heavy burden ...

Life insurance beneficiaries are not required, but not naming beneficiaries could make it more difficult and time-consuming for your heirs to receive the death benefits of the policy.