Beneficiaries
Browse our articles about beneficiaries
Assigning a Death Benefit to a Funeral Home
An assignment directs part of a life insurance payout to a funeral provider instead of the beneficiary. Here is how it works and what to settle before signing.
Read MoreHow a Life Insurance Death Claim Is Paid
Filing a life insurance claim takes a death certificate and a claim form. Here is the sequence, the payout options, the tax treatment, and how to find a lost policy.
Read MoreNaming a Life Insurance Beneficiary
The beneficiary designation controls who gets the money, and it usually overrides a will. Here is how primary, contingent, per stirpes and minor designations work.
Read MoreWhat Final Expense Insurance Is Meant to Pay For
The death benefit is unrestricted cash to a beneficiary, not a prepaid funeral. Here is the full list of costs that arrive at death and which ones people forget.
Read MoreWhat Government Programs Pay at Death
Social Security pays a small lump sum, Medicare pays nothing toward a funeral, and Medicaid rules on burial funds vary by state. Here is what actually exists.
Read MoreThis content is for general informational purposes only and is not insurance, legal, or financial advice. Coverage, exclusions, eligibility, and pricing vary by insurer, by policy, and by state, and only the policy documents control what is covered. Always confirm the details of any coverage with a licensed insurance agent or the issuing carrier before you buy.