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In the unfortunate event of your passing before your children reach the age of 18, it is essential to understand who will manage the life insurance payout on their behalf. This article aims to provide clarity on this important matter, ensuring that you have the necessary information to make informed decisions about your life insurance…
→ Read MoreLife insurance is a critical financial tool that provides a safety net for your loved ones in the event of your untimely passing. When you purchase a life insurance policy, you will have to designate a beneficiary who will receive the proceeds upon your death. But who can be named as a beneficiary? In this…
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