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2. Choosing a life insurance beneficiary - AOL

   www.aol.com/finance/choosing-life-insurance...

   A life insurance beneficiary is the individual or entity designated to receive the policy’s death benefits upon the policyholder’s passing. This role is pivotal in life insurance arrangements ...

3. What happens if your life insurance beneficiary dies ... - AOL

   www.aol.com/finance/happens-life-insurance...

   Each life insurance policy varies, so your best bet may be to talk to your life insurance carrier or insurance agent to learn the steps you should take when specifying the beneficiaries on your ...

4. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.

5. What is an irrevocable beneficiary? - AOL

   www.aol.com/finance/irrevocable-beneficiary...

   Key takeaways. An irrevocable beneficiary has a guaranteed right to receive the death benefit from your life insurance policy, and their consent is required for any changes that affect their rights.

6. Life insurance trust - Wikipedia

   en.wikipedia.org/wiki/Life_insurance_trust

   A life insurance trust is an irrevocable, non-amendable trust which is both the owner and beneficiary of one or more life insurance policies. [1] Upon the death of the insured, the trustee invests the insurance proceeds and administers the trust for one or more beneficiaries.

7. What Exactly Do I Need to Know About Beneficiaries? - AOL

   www.aol.com/exactly-know-beneficiaries-132408610...

   Life insurance policies also have beneficiaries. These are the persons who will get checks from the insurance company to pay the death benefit. You also will name beneficiaries for annuities and ...