Life Insurance Portal Explains What Is Beneficiary

FOR IMMEDIATE RELEASE
San Francisco, California, United States of America (Free-Press-Release.com) February 25, 2012 -- Mendham, NJ, Life Insurance SA is pleased to announce that they have published a page on their website the clearly answers the question, "What is beneficiary?". While the short answer to this question is the person or persons named on a policy to receive the benefit upon the death of the insured, there are several factors that should be considered when one names his/her beneficiary.

The page also explains the facts of what happens when the named beneficiary is a minor. For instance, if one is divorced and has one child whom he/she names beneficiary on his/her life insurance policy the ex spouse will be legally entitled to take the money and administer in for the child. However, there are ways to avoid such a scenario by having a clear understanding of what is beneficiary and laws concerning minors.

For more information about beneficiaries and the best ways to choose them, interested South Africans are encouraged to visit http://www.lifeinsurance-southafrica.co.za/what-is-a-beneficiary.html. They may also obtain more information about the types and amounts of life insurance cover available to them and a no obligation quote by visiting http://www.lifeinsurance-southafrica.co.za/. Members of the press and/or other interested parties may obtain additional information about this website and/or the content of this press release by contacting the following:

Susan Smith

Public Relations

Justin Harrison Marketing

PO Box 311

Mendham, NJ, USA 07945

Phone: + 00 1 973 531 4982

Fax: + 00 1 973 543 5683

Email: pr@justinharrisonmarketing.com

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