KNIGHTS OF COLUMBUS INSURANCE “Your Shield For Life”.
Beneficiaries…Who Do You Love?
Valentine’s Day will soon be here! Do you know who the beneficiary is on your life insurance policy? Sometimes it is easy to overlook the simplest of things.
Why is it so important to know and to have your beneficiary information updated? A life insurance policy protects the financial status of another person – or people – in the event of your death.
When Purchasing Knights of Columbus insurance policy, you have selected a primary beneficiary, and if you desire, a contingent, or secondary beneficiary. It’s always a wise choice to have a contingent beneficiary because you may outlive your primary beneficiary. A contingent beneficiary is the person designated to receive life insurance policy proceeds if the primary beneficiary dies.
By being specific as possible in the wording your beneficiary designation you make sure that the life insurance proceeds will be available to your wife, daughter, son, etc., in a timely manner when needed most.
Your life situation will undoubtedly change over time. Plan to update your beneficiary designations periodically. This will ensure that your life insurance coverage will protect those you love and want to protect.
Changing your beneficiary is fairly simple. I can provide you with the necessary forms, and can help you fill them out. I can also help you with all of your life insurance policy beneficiary designations for any life insurance policy you hold – regardless of the company that issued it.
To contact me with regards to any of your insurance needs, please call my office at (916) 691-4571 or e-mail me at hank.cornell@kofc.org
By Knights … For Knights ….
Hank Cornell, FIC
Ca Lics #0G05138