Appointing The Life Insurance Beneficiary

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Who should be my life insurance beneficiary if I do not have a spouse?

Appointing The Life Insurance Beneficiary

When you take out a life insurance policy, if appointing a guardian that is not your spouse, you may want to choose a third party as the life insurance policy beneficiary. Although whoever you leave you children with will love them and care for them as much as you do, it is wise to have two people making the financial decisions, rather than one. This will ensure that each decision is a good one since it has to be approved by two separate individuals.

   

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