Some clients have asked us what the difference is between having a life insurance policy that benefits their family, and having an annuity policy that has beneficiaries connected to it, in addition to the annuity having a specific death benefit feature. And that’s a good question, because it addresses the differences between each situation, even though each may use the same word–“beneficiary.”
If you’re wondering about these aspects of your financial strategy, get in touch with us. We can talk through the nuances you may not be aware of. We’re always here to help.