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Get And Sign Gic Life Insurance Beneficiary Form 319 2014-2021

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this is John Graves author of the 7% solution you can afford a comfortable retirement and editor of the retirement journal calm this afternoon we're speaking about life insurance and now is talking of beneficiaries the life insurance contract is an agreement between an insurance carrier and the insured and acceptance of premiums by the cot carrier they guarantee to pay a lump sum of money in the event of the insured person away they will pay that money to named beneficiary in your situation if you apply for a life insurance contract it's very important to name a beneficiary you don't want to say my spouse you want to say Sharon and graves you don't want to say Aunt Sally you want to say Sally and hands you don't want to name a minor as a beneficiary of a life insurance contract it's much better always more appropriate to name the person who is responsible for that minor the minors custodian in addition all that insurance application you'll find the line that says contingent or secondar

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