March 31, 2007 2:44am CST
Today many life insurance company here so my question is, should we take life insurance. I think it's benefit only dead claim. look when if we die once time when how can take the benefit
4 Apr 07
Yes, usually the one insured is not the beneficiary of life insurance. The beneficiaries are those who are specified in the list of beneficiaries. However, there are plans which have terms and they mature while the insured is still alive and so he/she can benefit from such insurance.