Beneficiary Provisions

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October 4, 2023 4 min read Definitions

Change of Beneficiary Provision in General Insurance

Insurance Financial Planning Risk Management Insurance Beneficiary Provisions Policyholder Rights Irrevocable Beneficiary Life Insurance

Learn about the change of beneficiary provision in general insurance policies, allowing insured individuals to alter beneficiaries unless irrevocable.

October 4, 2023 5 min read Definitions

Understanding Premium Refund in Life Insurance Policies

Finance Insurance Personal Finance Life Insurance Premium Refund Insurance Policies Beneficiary Provisions Financial Planning

Learn about the Premium Refund provision in life insurance, which allows beneficiaries to receive the policy's face amount and the total premiums paid.