Life insurance - Will marriage affect my insurance benefits?

Message Author
ampm-bookmark
delicious-small Add to del.icio.us
yahoomyweb-small Add to YahooMyWeb
simpy-small Add to Simpy
blinklist-small Add to BlinkList
PostPosted: Tue Mar 16, 2010 10:06 am   Post subject: Life insurance - Will marriage affect my insurance benefits?  

I'll be getting married and so I'm a bit worried about how it will affect my insurance benefits.
_________________
Register Now to have your Insurance queries solved.
Markanthonytvs
Guest






PostPosted: Wed Mar 17, 2010 2:41 am   Post subject:   

What benefits? How would it effect them? If it's life insurance, the death benefit still gets paid to whomever the named beneficiary is.
BNTRS
Senior member
Leave a quick message

BNTRS
Joined: 05 Nov 2009
Posts: 824


12.54 Dollars($)

PostPosted: Wed Mar 17, 2010 6:12 am   Post subject:   

Yes, I'm mostly worried about the beneficiary status. Will my wife automatically become the beneficiary?
_________________
Register Now to have your Insurance queries solved.
Markanthonytvs
Guest






PostPosted: Thu Mar 18, 2010 10:09 am   Post subject:   

Across a majority of states your spouse will be considered as your natural beneficiary. Still I hope it's better that you call them up and change the beneficiary status.
steven
Senior member
Leave a quick message

steven
Joined: 02 Feb 2006
Posts: 1553


215.65 Dollars($)

PostPosted: Thu Mar 18, 2010 2:16 pm   Post subject:   

Natural beneficiary or not, the life insurance contract says she's not until you change it. Additionally, if you have retirement accounts like IRAs or a 401k, you'd be well advised to change the beneficiary to your wife on all of that as well. Assuming you want her to receive the funds.
BNTRS
Senior member
Leave a quick message

BNTRS
Joined: 05 Nov 2009
Posts: 824


12.54 Dollars($)

PostPosted: Fri Mar 19, 2010 6:05 am   Post subject:   

A colleague of mine once said that he had actually changed his renters insurance limits in order to cover his wife's personal belongings. I'd still wonder if people really care to go till that extent!
_________________
Insuranceguy.ampminsure.org
Juanita
Moderator
Leave a quick message

Juanita
Joined: 04 May 2007
Posts: 735

Location: Idaho
137.01 Dollars($)

Quick Reply
Your Name
Subject
Message body
All times are GMT
Page 1 of 1


Get Free Insurance Quote
*State:
*Insurance type:

Ask Community Experts

flash plugin

Quick Links
Must See
Community
Insurance on Facebook
Hot topics in forums

Latest in blogs



Page loaded in 0.259 seconds.