What steps should I take to give my life insurance in life annuities, as opposed to a lump sum?

What steps should I take to give my life insurance in life annuities, as opposed to a lump sum?
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1 Answer

Answer :

Many life insurance companies simply give you the option for the payout. Simply contact the company and explain this to them, either over the phone or in person is best. You have the right idea, as that way your daughter can't accidentally spend the entire thing.
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