01/18/2024
Just a word of advice for anyone with any life insurance policies, annuities, investments, or any other products that have a beneficiary listed…Please make sure that you keep your beneficiary information up to date.
I have had several policies I inherited from other agents over the years that had death claims over the past few weeks. None of them had updated their beneficiaries in years.
There are several reasons to update…death of the beneficiary, divorce, having a child, getting married, establishing a trust, and many more.
Always work with your agent or advisor to keep your beneficiaries and other policy information such as your address and phone number up to date.