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    3. Can a Beneficiary recieve more than one Life Insurance policys??
    Can a Beneficiary recieve more than one Life Insurance policys??

    If the person that passed away had more than one Life Insurance policy, can the Beneficiary recieve the monies on all of the policys???

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    0  Views: 275 Answers: 3 Posted: 13 years ago
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      3 Answers

      You can be a  beneficiary on 12 different policies if you are named as such. Just remember, the government sees it as income and it is taxable so you have to file it as income not yet taxed the following year. 

      11 years ago. Rating: 4
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        As long as they were paid for...........

        11 years ago. Rating: 2
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          The point of being named a beneficiary is that you will receive the benefit after the death of the insured.  There is, as far as I know, no limit on how many policies of which you are the designated beneficiary. 

          11 years ago. Rating: 0
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