Understanding Life Insurance Beneficiaries

Naming beneficiaries for your life insurance policy is an important decision. Here's what to know:

Primary vs. Contingent Beneficiaries

Primary beneficiaries are the first to receive benefits. Contingent beneficiaries receive benefits if primary beneficiaries are unable to.

Keep Information Updated

Review and update your beneficiaries after major life events, such as marriage, divorce, or the birth of a child.

Be Specific

Clearly identify your beneficiaries with full names and relationships to avoid confusion.

Consider Multiple Beneficiaries

You can name multiple beneficiaries and specify how benefits should be distributed.

Contact us to discuss beneficiary options and ensure your policy reflects your wishes.