The death benefit is paid to the family rather than the loan company, giving beneficiaries options on how to manage the money after death. (homeguides.sfgate.com)
Participants will gain a better understanding of what beneficiary options are available to them. (starone.org)
This article covers beneficiary options for your life insurance benefits, including how many beneficiaries you can name, different levels of beneficiaries and the importance of being specific. (protective.com)