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What should one consider while naming life insurance beneficiaries?
Asked by unknown
1 Answers
While naming your life insurance beneficiaries ensure you have a second beneficiary name also, prefer specific beneficiaries instead of estate, and be specific with words.
How much life insurance do you need?
Asked by unknown
1 Answers
Generally the amount of protection you need is a combination of what it would cost to help your surviving family members and dependents meet their current needs (like taxes, food, clothing, utilities, mortgage payments, etc.) plus future obligations (like college and retirement funding) minus the resources that your surviving family members could
What is the highest amount of life insurance policy in the world?
Asked by unknown
1 Answers
The most valuable life insurance policy in the world is worth $201 Million. The policy is bought buy a mystery billionaire in Silicon Valley, the deal involves 19 different insurance companies.