Martin Ochwat is a Growth Marketer and Serial Entrepreneur. He is a leading writer focused on life insurance and fintech. He is passionate about writing vibrant content that's easy to read and inspires readers to take action.
When the owner of a life insurance policy passes away, the insurance provider issues a payout to their beneficiaries. In the circumstance you are named as a beneficiary on an insurance policy, it is best to submit a claim form as early as possible to receive the death benefit.
Joint first-to-die life insurance pays out when the first person in a couple dies. The surviving partner receives replacement income to keep the family afloat and pay off any debts. Life insurance products that insure two people under one policy can be a smart option for couples.
