When you pass, the beneficiary or beneficiaries you have chosen and named on your life insurance policy will receive the sum assured upon your death. Before you choose who will be your beneficiary think about why you took out the life insurance in the first place. Do you have dependents, financial or otherwise? Are you married? Are you taking out life insurance to financially protect your family as a whole? Do you want to provide a nest egg for your child or children's education? Depending on how you answer these questions will have a large bearing on who you name as the life insurance beneficiary.
For more information, please contact me. I will be happy to help with whatever questions you have. www.rgwealthsolutions.com +6011-51565649
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