Would you put a boyfriend or a girlfriend as the beneficiary on your life insurance policy?
by 
idne
ANSWERS: 33
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I wouldn't, no. You have to trust the person you're in a relationship with heap loads before you can do that. My beneficiary is toward my oldest brother.
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I would make a family member a beneficiary before a boyfriend or girlfriend. You don't know what the future holds for you. You could break up and wind up hating each other.
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No I wouldn't at all - You really need to be careful about things like that -
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You don't need life insurance unless someone depends on your income (like a spouse or children). They should be the beneficiary.
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It would depend if we were a long term partnership.... 2 years or more.... then probably yes
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Heck no! You never know when someone may be cheating on you thats all you would need. Make them the beneficiary then they or the "other" person they are involved with decide they need money to have vacation on...snip goes your break line on your car or suddenly your food starts tasting a lil strange....
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Absolutely NOT. As long as anyone has children, siblings or a family, one of them should be beneficiary. If I got married then it would still be my children first
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no!!!! always a blood relative unless you have none. but than i would never tell that girlfriend or boyfriend that they were the benificerary just in case they aren't so nice
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Never. Family always come before boyfriend.
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Depends on the seriousness of the relationship. My husband and I were together for five years before we got married and were on each others' life insurance, pensions etc, because we were as committed to each other as a married couple. Now we are a married couple, so it's easier. I'd recommend making sure you were serious about that person first though.
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it would depend on several things..including if they were the ones who were going to pay off your bills (hospital, funeral, burial, etc) and how long you had been involved and what the degree of involvement was..
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No..always a trusted family member
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I had my ex who I was with for 4 years, as the only beneficiary on my 401k plan. Thankfully I remembered to take him off when he broke up with me. I can honestly tell you I'll never do that again with another boyfriend.
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No
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I did once, but I don't think I would now; my wife would kill me!
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Yes if you were out of your mind. There must be someone in your family that loves you that you could leave it to. I think you could even leave a portion to someone else. I might sound hard but I've seen what happens when someone dies in the family, people turn into idiots! No one knows who you chose as your beneficiary no one will know till that time comes. Put it in someones name that you know will only have your interest at heart. relationships come and go blood runs deep. Think long and hard on this one. Good luck
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Would I? Sure, if I loved him/her. I'm not really close to my cousins, which is really the only family I have left - plus they've all got plenty of money, anyway. I'd rather leave the money to someone I loved than to someone I didn't know just because we were related. I hope this helps!
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No because at anytime, something could go wrong between the two of you and then you would have to go through all of the work and change it.
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No why would i? though im on a bank account as beneferciary if he dies during or after basic. I wont get anything i can say that much. Id put my mom or brother on.
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That would depend on the level of commitment in the relationship, if it's someone I'm relatively committed to, have been with for more than a year or two, and planned to be with for a presumeably indefinite time into the future, then yes I would. But I'd also make sure before I did so, that I was prepared and wouldn't forget to change it in the event of a breakup, because the situation of a possibly vengeful ex who can actually turn a profit out of what they'd probably want to do for free anyway, is just too dangerous.
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Yes. Domestic partners have to do this since they aren't covered automatically by the protections of marriage. I saw you asked this in response to a real-life murder presented on TV. If someone is willing to murder for money, a marriage certificate won't stop them. Best to choose your (married or unmarried) mate wisely first, and then worrying about being killed for your money or insurance won't be an issue. :)
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Several years ago. I heard of a divorced man & his divorced girlfriend who went together on an insurance policy and signed it as follows: A Husband and she signed it A Wife. The insurance company caught it though and they got into some legal trouble.
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No way..I have my life insurance policy going to myself..well my estate and the estate is taken care of in the will..which can be changed at will..LOL..little humor there..get it..ha ha.. :)
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no way, gives them reason to have you bumped off
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No !! If the relationship is not a serious enough commitment for marriage, then, I would NOT make a boyfriend or girlfriend a beneficiary. I'm sorry, but, in my opinion that just does not hold the same weight as a spouse. I would make a family member a beneficiary first and foremost if I were not married.
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Yes, JAy and I may not have been married legally, but we considered ourselves as such. Plus we had a child together who couldn't be placed on our polices without some sort of trustee being named. I put him on mine because even though I have another son from a previous relationship I knew Jay would handle the money for him a lot more ethiclly then my ex would.
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Not on your life! My children are always the beneficiaries and they have no vested interested in my dying before my time.
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If I loved and trusted that person without and if I felt they would keep my wishes in mind - then yes, I absolutely would :)
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OMG NO!!
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Not unless there were children from the relationship. Without children, a wife is the only person I would put in a will. Otherwise it goes to my family or charity.
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No because at this stage of the relationship things are just too fragile. If you do this and eventually break up then until that beneficiary is officially changed with the insurance company that person will automatically get the death benefit of your policy.
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It will be unwise.If you are not married,it is better to put your parent as your beneficiary.
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I actually dumped my girlfriend after she asked me to get life insurance - after we were back together for less than a month!
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