Facility-of-payment clause

A life insurance policy provision that permits an insurer to pay all or part of the policy proceeds either to a blood relative of the insured or to anyone who has a valid claim to those proceeds. The facility-of-payment clause enables the insurer to pay benefits in a timely manner when such benefits cannot be made to the beneficiary identified in the insurance contract.

Term Life Insurance
Universal Life
Variable Life
Whole Life
Burial Insurance

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Pet Insurance
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