Secondary Beneficiary in a Life Insurance Policy.

by danny meeker » Sat Oct 12, 2013 05:40 pm

Do you have to name a secondary beneficiary on a policy before it is summited .
I was told you do just in case your beneficiary die with the policy holder.

Total Comments: 1

Posted: Sun Oct 13, 2013 03:15 pm Post Subject:

You asked this question before joining the forum. The answer is still NO, you are not required to name a contingent beneficiary. But it is a good idea to do so. AFLAC does not sell life insurance, by they do offer accidental death benefits. These low value policies do not pay a large number of claims, which is why they are not very costly.

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