who was named as the beneficiary of a life-insurance policy worth over $124,000, rather than his widow. The second wife asserted that she could claim the policy under Virginia state law ...
When it comes to our finances, most of us are focused on achieving our goals — whether that's a new home, an exciting vacation or a comfortable retirement. But naming beneficiaries on your ...
The tool searches for life insurance policies in all 50 states. According to officials, anyone can search for a policy, including legal representatives and beneficiaries. In order to search for a ...
When you originally invested in your life insurance policy, you were likely thinking about taking care of others after your lifetime. But you may now find that you and your family no longer need ...
Clients can donate both permanent life insurance (including whole life and universal life) and term life insurance to charity, but the donation options differ.
An endowment life insurance policy offers a combination of death benefit, savings and investment. Though it shares similarities with term life and permanent life insurance, it also differs ...
At least $1 billion in benefits from misplaced or forgotten life-insurance ... beneficiaries. Worse, when premium payments stopped after policyholders died, insurers often used the policies ...
Multiple types of life insurance fall under cash value ... benefit paid to your beneficiaries. You can contact the insurer to cancel your cash value life insurance policy and take the “surrender ...
If you opt-in for employer-provided coverage, similar to an individual life insurance policy, you must select a coverage amount and a beneficiary for your death benefit. Most people select their ...