Life Insurance Secrets
Our goal is to create savvy, educated life insurance consumers. That is why LifeQuote reveals some top industry secrets to help you save big money on your term life insurance policy. Let us share the secrets that will give you an edge on your insurance coverage.
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Life Insurance and Divorce
Changing Beneficiaries During Divorce |
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During divorce your life insurance agent or
company won't necessarily know about your circumstances. If you don't change
your beneficiary, your former spouse may receive the proceeds of your life
insurance policy upon your death. If the designation simply reads,
"husband of the insured" or "wife of the insured," and
there is no new spouse, the secondary beneficiary receives the proceeds. |
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