Category: Beneficiaries

Can a Funeral Home Be My Beneficiary?

With final expense, no, a funeral home cannot be your beneficiary, though it can work with a preneed policy. You will probably, however, still want a final expense policy—here’s why. What is a Beneficiary? A beneficiary is the person you, as the policyholder, choose to receive the death benefit of your life insurance plan. This

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with FE insurance, you can have as many beneficiaries as you like

How Many Beneficiaries Can I Have?

You can have as many beneficiaries as you like—any percentage of the funds from your death benefit can be designated to the people you choose. What Are Beneficiaries? To answer this question, you need a description of a typical life insurance policy first. When you purchase life insurance, you are essentially buying a death benefit.

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