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2. 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 ...

3. 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 ...

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. Life Insurance Beneficiary vs. Will: Do I Need Both? - AOL

   www.aol.com/life-insurance-beneficiary-vs-both...

   However, life insurance beneficiaries can conflict with the terms in your will if you aren't thorough. Your life insurance beneficiary designation usually supersedes your will. So …

6. Collateral assignment of life insurance

   www.aol.com/finance/collateral-assignment-life...

   A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries ...

7. Third-party beneficiary - Wikipedia

   en.wikipedia.org/wiki/Third-party_beneficiary

   A donee beneficiary can sue the promisor directly to enforce the promise. (Seaver v. Ransom, 224 NY 233, 120 NE 639 [1918]). A donee beneficiary is when a contract is made expressly for giving a gift to a third party, the third party is known as the donee beneficiary. The most common donee beneficiary contract is a life insurance policy.

8. Corporate-owned life insurance - Wikipedia

   en.wikipedia.org/wiki/Corporate-owned_life_insurance

   Corporate-owned life insurance (COLI), is life insurance on employees' lives that is owned by the employer, with benefits payable either to the employer or directly to the employee's families. Other names for the practice include janitor's insurance and dead peasants insurance .

9. Guide to life insurance

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

   Life insurance is designed to provide financial protection for your chosen beneficiaries. Term life insurance is generally affordable with coverage lasting 10 to 30 years, while permanent life ...