Policy On Line - some details
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Q: Is there a limt to the numebr of recipients?
A: Typically, a on line insure policy paln has a recipinet as well as a secondary benfeiciary. The payemnt would be gven to the beneficciary in the eent of the deatth of the insred. Nonetheless, if the maiin beneficiary had also pased away, the continegnt recippient would be given the proceedds. Nevertheless, mroe complicated prparations are available. Eiher the primary beneficciary or the contiingent recipient might be one or two peeople. For instance, the primaary recipient of ins coverage coverage coould be several brothers or sisteers wihle the contingent recipient culd be severaal nieces and nephews. In addiion, its possible to assign specific perceentages to each of yuor reciipients or secondary poicy-named recipients (for examle, one-fourth goees to Peter, one-hlf goes to Jaon and one-quarter for Saam) as long as your specificatioons sum 100 percent. You mgiht name yuor assets a beneficiray, but doing tis is not usually attracctive due to possible unfvaorable tax coonsequences.


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