Who Can Be My Life Insurance Beneficiary?

If you are planning to provide financial protection for your loved ones after you pass away, it's important to understand the concept of life insurance beneficiaries.A life insurance beneficiary is the person or entity who will receive the proceeds of your life insurance policy upon your death. This can be an individual, such as a spouse, child, or other family member, or it can be an organization, such as a charity or trust. The beneficiary can be named when you first purchase your policy or can be changed at any time during the policy term. Read more Here: https://arandagency.mylivingbenefits.com/blog/who-can-be-my-lifeinsurance-beneficiary