What Does It Mean To Be The Beneficiary Of A Life Insurance Policy? 
The beneficiary is either someone to whom the insured is obligated or someone that the insured loves . The beneficiary is someone whose loss will be tempered when the insured dies . The relationship between the insured and the beneficiary is present at the time the policy starts . It isnt necessarily there at the time of death . Checking to make sure the beneficiary is correct is extremely important . It isnt unusual for ex-spouses to be the beneficiary when the insured did not intend that to be the case . 