Making financial decisions can be challenging. One important decision many people face is whether to buy life insurance. If you live near Scottsdale, AZ, our team at Alliance Insurance Partners can help you choose the best insurance options for your needs. We have been working with clients like you since 2014.

Can Your Pet Snake Be Your Beneficiary?

When you purchase life insurance, you name one or more people who will receive the payment from the policy upon your death. If you want to use the funds from the policy to care for a beloved pet, you can ensure that happens. However, according to Select Quote, your pet cannot legally be named as a beneficiary.

Insurance laws require that anyone named as a beneficiary must follow certain legal steps. These steps include signing documents and formally filing claims. Since pets lack the mental capacity and legal standing to sign documents or file claims, they cannot legally be beneficiaries. If you want your insurance money to go toward caring for your pet, you can name someone you trust, such as an attorney or a pet caretaker, as your beneficiary under the condition that they will use the funds to care for your pet.

Call Us Today for Your Appointment

Although it may be unpleasant to think about your eventual death, it can be reassuring to know your life insurance policy will provide your family or loved ones with needed funds. Our team at Alliance Insurance Partners can fully explain all your life insurance options. Clients in the Scottsdale, AZ area have learned that we provide excellent customer service. Call us for an appointment today and let us help you take care of the people you love.