beneficiaries

We just bought a term life policy with Mutual of Omaha. After went through all procedures and about to sign policy acceptance, we found out that the insurer would not accept my brother and my wife’s sister who live overseas as the beneficiaries. Our children are not yet 18 years old so they are not qualify as beneficiaries either. We don’t have other relative in the US so we had to assign a friend. I don’t feel comfortable doing that but had no better choice. Then we also found out that the Read more [...]