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LIFE

Life insurance beneficiaries: what to know

By Insuregear · 4 min read · Updated June 18, 2026

Your beneficiary is who receives the payout. Name a primary and a contingent (backup), use specific names, and keep them updated after major life events.

Insuregear tip: Review beneficiaries after marriage, divorce, or a new child — an outdated designation overrides your will.

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