Council # 12791 Useful Links | About Our Website
The Knights of Columbus: In Service to One. In Service to All.
Home Search List All
Email to a Colleague April 01, 2007

Sometimes It Is Easy To Overlook The Simplest Of Things

Sometimes it is easy to overlook the simplest of things.

Take the beneficiaries on your life insurance policies. If your policy was applied for and issued several years ago, it could very well be that the person you originally selected as the beneficiary is no longer the person you would want to receive the policy proceeds. If you bought the policy when you were single, for example, you may have named your parents as beneficiaries. If you have since been married, that could be updated to reflect your spouse, and even your children.

Most people list a primary beneficiary that person is specifically designated as the first in priority to receive policy proceeds. We also encourage the naming of a contingent beneficiary an alternate person designated to receive policy proceeds, usually in the event that the original beneficiary pre-deceases the insured.

I routinely call all of our policyholders for annual review appointments, usually near the anniversary date of your policy the date it was originally issued. One of the matters that Ill discuss during this review is the status of your beneficiary designations. If they need updating, and they often do, I can complete the paperwork during that appointment.

I look forward to meeting with each of you.

Im at 703-450-6100.
Call me lets talk.

Dennis Riley
Fraternal Benefits Field Agent

-- Related Documents --
A Wise Man Once Told Me That Time Surely Flies
02-01-07 - Retirement Planning

Tempus fugit. Time flies.
03-01-07 - Retirement Planning

Sometimes It Is Easy To Overlook The Simplest Of Things
04-01-07 - Retirement Planning

The Laws And Rules Of Our Order
05-01-07 - Retirement Planning

Planning For Retirement - Part I
06-01-07 - Retirement Planning

Planning For Retirement - Part II
07-01-07 -

Life Insurance 101
02-01-07 - Retirement Planning

Congratulations To Our Newly Elected Grand Knights
09-01-07 - Retirement Planning

Million Dollar Round Table
11-01-07 - Retirement Planning

Standard & Poors AAA Rating
12-01-07 - Retirement Planning

Strive for Star Council Status
07-01-09 -

Long-Term Care Policy Brings Added Value
01-01-08 - Retirement Planning