Q&A Topics

Thursday, March 27, 2014 4:43:10 PM

How can I make sure my beneficiary/beneficiaries will receive my life insurance policy payout if something were to happen to me?

Life insurance companies are supposed to contact beneficiaries, however a huge amount of life insurance payouts are lost every year. Therefore, if you take out a life insurance policy, inform your beneficiary/beneficiaries of the plan details.