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Life insurance
Can you name your pet as your life insurance beneficiary?
No, you can’t list your pet as the recipient of the life insurance death benefit. There are other ways to ensure your furry family member is cared for if you die.
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Life insurance
What is a life insurance coverage gap?
A coverage gap is when you don’t have enough (or any) life insurance coverage. Coverage gaps risk your family’s financial health if you die unexpectedly.
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Life insurance
Does life insurance cover the costs of a nursing home?
You can use life insurance to pay for a nursing home or assisted living, but a separate long-term care policy is a better way to fund the costs of a nursing facility.
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