Life insurance is important to protect your family’s financial future. Who you name as a beneficiary can be just as important as your initial decision to purchase life insurance. It’s a big job, which is why it’s important to choose the right person – someone who’s trustworthy and knows what matters most to you.
Many people know how term life insurance works. But they often don’t know how permanent insurance works. To refresh, term life insurance provides protection for a specific period of time. This is known as the “term.” If you pass away during the term, your loved ones receive a set amount of money. This money is known as the “death benefit.”…
