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Life insurance beneficiaries are an important part of the life insurance policy. They are responsible for receiving the death benefit of the policy upon the insured person's passing. But, can a life insurance beneficiary be a trust? The answer is yes, and there are many advantages to making your life insurance beneficiary a trust. By doing so, you can ensure that your beneficiaries will receive the death benefit promptly and efficiently. But it is important to understand how trusts work and why they might be beneficial for you when it comes to naming a beneficiary for your life insurance policy.
Also read to know more about Max Life Insurance: Premium Receipts, Surrender Value, Auto Pay
To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:
To download an Edelweiss Tokio life insurance policy statement, you typically need to follow the below steps.
To download a Canara HSBC OBC life insurance policy statement, you typically need to follow the below steps.
To download a Bharti AXA life insurance policy statement, you typically need to follow the below steps.
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