Your Source for Understanding Personal, Business, Life, Health, Group Benefits, and Medicare Insurance.

May 23, 2019

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How Will My Beneficiary Collect My Life Insurance Money?

When you purchase life insurance, you pay the premiums for years or decades, and your beneficiaries collect the benefits when you pass away. It is important to tell your beneficiaries about the policy so they file a claim with the insurance company after your death. How Are Death Benefits Collected?

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