Does Life Insurance Automatically Go To A Spouse?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Life insurance does not automatically go to a spouse; it goes to whoever the policy owner names as beneficiary. Some married persons leave their life insurance proceeds to charity, or grandchildren, or someone who loaned them money, or their business partners. One of the pluses of life insurance is that is very personal, and will go to whoever you want.
    Answered on November 4, 2013
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