Term vs. permanent life insurance: Which is right for you?

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The biggest question to answer when purchasing life insurance is whether you need a term or permanent policy. Each type has advantages and limitations. To make the right decision, you should know and understand your options.

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When things change, review your life insurance beneficiary

By | adoption, agent, annulment, baby, beneficiaries, beneficiary, benefit, birth, business, claim, death, dissolution, divorce, estate, financial, independent, Insurance, life, Life Insurance, marriage, plan, policy, protect, security, succession, trust, trustee, will
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You name a beneficiary when you purchase a life insurance policy. This designation lets the insurance company know who should receive the proceeds of the policy. Keeping your beneficiary designation current is key to ensuring your life insurance benefits are paid as you desire. By not updating your beneficiary designation, your benefits may go to your estate instead of to those who need it the most.

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