Every so often, it's a good idea to take a look at your life insurance policies and review who you have listed as your beneficiary. You may also want to check the beneficiaries listed on your retirement and investment programs provided by your employers.
Families change. People divorce. Grandchildren come along. All these things may affect who you want listed as your insurance beneficiary.
And, if you're a former smoker, it’s a good idea to see if your old life insurance policies still lists you as a smoker. You may save some money on your insurance premiums by letting your insurance company know you no longer smoke.