And "the biggest mistake is to name the estate as the beneficiary," he said.

Some people buy life insurance policies that name their business partner as the beneficiary.

He seriously considered doing it just so he could name her as the beneficiary, just for laughs.

Peter named you as the sole beneficiary, so the balance is yours.

Ernie had purchased two insurance policies in 1951; his mother was named as the primary beneficiary of them.

Whom did you name as the beneficiary on those?

"We will automatically give all the points to the person named as the beneficiary," he said.

Mr. Lansing had taken out a $10,000 life insurance policy, naming the company as the beneficiary.

Most people still follow the less complex route of taking out insurance on themselves and naming a spouse or some other relative as the beneficiary.

"You mean Sally naming him as the sixth beneficiary?"