LIFE HINT 101

1.If you designate your beneficiary as
REVOCABLE BENEFICIARY

-Policyholders maintain control over who receives the benefits.
-No need the beneficiary’s consent
-policy holder can change the beneficary at any time.

2. If you designate your beneficiary as IRREVOCABLE BENEFICIARY

-The policyholder cannot change the beneficiary without the beneficiary's consent.
-The policyholder cannot change the beneficiary designation without the beneficiary's consent.

𝗆 𝗌𝗁𝖺𝗋𝗂𝗇𝗀 𝖻𝖺𝗌𝗂𝖼 𝗂𝗇𝗌𝗎𝗋𝖺𝗇𝖼𝖾 𝖼𝗈𝗇𝖼𝖾𝗉𝗍𝗌 𝗂𝗇 𝗌𝗂𝗆𝗉𝗅𝖾 𝗍𝖾𝗋𝗆𝗌.
𝖪𝖾𝖾𝗉 𝗂𝗇 𝗆𝗂𝗇𝖽 𝗍𝗁𝖺𝗍 𝗌𝗉𝖾𝖼𝗂𝖿𝗂𝖼 𝗋𝗎𝗅𝖾𝗌 𝖺𝗇𝖽 𝖽𝖾𝗍𝖺𝗂𝗅𝗌 𝗆𝖺𝗒 𝗏𝖺𝗋𝗒.
(𝔟𝔞𝔰𝔢 𝔬𝔫 𝔱𝔥𝔢 𝔡𝔢𝔣𝔦𝔫𝔦𝔱𝔦𝔬𝔫 𝔦𝔫 𝔠𝔬𝔫𝔱𝔯𝔞𝔠𝔱)
𝖥𝗈𝗋 𝗉𝖾𝗋𝗌𝗈𝗇𝖺𝗅𝗂𝗓𝖾𝖽 𝖺𝖽𝗏𝗂𝖼𝖾, 𝗉𝗅𝖾𝖺𝗌𝖾 𝖼𝗈𝗇𝗌𝗎𝗅𝗍 𝗒𝗈𝗎𝗋 𝖿𝗂𝗇𝖺𝗇𝖼𝗂𝖺𝗅 𝖺𝖽𝗏𝗂𝗌𝗈𝗋.