Have you checked your life insurance beneficiary designations lately?
Most of us have a life insurance policy. When you bought the policy you were most likely asked to fill out paperwork to name beneficiaries of the policy. This probably happened years ago.
Well, a lot of things have probably changed through the years. You may have gotten married. Had children. Had more children. Maybe even gotten divorced since you named the beneficiaries of your life insurance policies. You need to review your beneficiary designations and here’s why: