Three Uncommon Life Insurance Scenarios
Posted: December 22, 2019
Three Uncommon Life Insurance ScenariosIn most cases, when the insured on a life insurance policy dies, the proceeds are paid out to named beneficiaries without a hitch. However, you should be aware of certain unusual scenarios that could occur. Speak with our knowledgeable agent for professional help in avoiding potentially tricky situations with your life insurance policy. Beneficiaries & Insured Persons Die At The Same Time It is not...
What Happens To My Mortgage Protection Insurance If I Sell My House?
Posted: November 22, 2019
What Happens To My Mortgage Protection Insurance If I Sell My House?When you purchase a home, you are likely to get offers for mortgage protection insurance, a type of life insurance that will pay off your mortgage in case you die or become disabled. This provides protection for your family if you are no longer there or no longer able to work to pay the mortgage. If you die, with some policies, the proceeds go directly...
How Do I Change My Life Insurance Beneficiary?
Posted: November 7, 2019
How Do I Change My Life Insurance Beneficiary?It is crucial to name a beneficiary on your life insurance policy. Otherwise, when you die, the policy becomes part of your estate and subject to probate. However, you may change your mind about who you want your beneficiary to be, in which case you have the right to change it. What Is The Process For Changing Beneficiaries On A Life Insurance Policy? In most...
