At Partners Insurance & Financial Services Inc. in Huntington, WV, we are passionate about helping clients protect their families’ financial futures. One of the most effective ways to do this is through a life insurance policy. With it, you can ensure your surviving spouse, children, and even your business are well taken care of after your passing.
What are beneficiaries?
Beneficiaries are the individuals or entities that you designate to receive benefits upon your death. With the benefits left for your beneficiaries, you can ensure that your family can survive without your income. Additionally, you can relieve your family of any excess medical bills or other debts that could threaten their financial well-being. You can set your family up for years to come with benefits that can fund your children’s education. If you own a business, life insurance benefits can keep it afloat during the new leadership transition. Furthermore, life insurance benefits can help your loved ones cover your burial expenses.
Besides your family and business, you can also designate a charitable organization as a beneficiary. You can leave benefits to a humane society, your church, a homeless shelter, a food bank, or any other non-profit organization. Moreover, you can leave benefits to multiple people. Life insurance policyholders have also been known to leave proceeds for people they are not related to, such as a long-standing employee who depends on you for their livelihood.
We Are Here to Help!
You can leave benefits to any person or institution close to your heart. At Partners Insurance & Financial Services Inc. in Huntington, WV, we are here to help. We can assist you in planning and carrying out your final wishes to protect your life and legacy. Call us to schedule an appointment to discuss our policies and provide you with the information you need to decide what is best for you and those you care about the most. (304) 529-2777.