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Split Couples Might Need a Life Insurance Beneficiary Reboot

Split couples might consider changing the beneficiary on their life insurance.

By Byron Udell | July 26, 2017

Getting through a divorce is never easy. When a married couple finally calls it quits, one of the assets that sometimes get lost in the shuffle is the family’s life insurance policy. And to that point…who becomes the policy’s beneficiary after the split? As this blog points out, failing to answer that question can occasionally…

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What Is a Contingent Life Insurance Beneficiary?

What is a Contingent Life Insurance Beneficiary?

By Byron Udell | January 31, 2007

Contingent Beneficiary Simply stated, a contingent beneficiary is someone you name that will receive the policy’s death benefit should your primary beneficiary die first. For instance, if Jane Doe (my Wife) should die first, the benefits should be paid to my son, James Smith and my daughter Jane Smith in equal shares. Is having a…

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