Paul Achee - Bestefits Insurance Solutions

Life insurance is a contract with a beneficiary designation, and that designation typically overrides what’s written in your will.

That means if your will says one thing, but your life insurance lists a different beneficiary, the insurance company will follow the beneficiary form, not the will. If no beneficiary is listed, then the proceeds may go to your estate and be handled through your will (or probate process).

It’s important to make sure both documents are aligned and up to date so your wishes are actually followed.