No, as long as you name a living beneficiary. Life insurance with a named beneficiary is paid directly to that person and skips probate, often within a few weeks of the insurer receiving a death certificate and claim form.
If you name your estate, leave the beneficiary blank, or all named beneficiaries have died, the proceeds may go through probate in the district court of the county where you lived, such as Arapahoe County District Court for Englewood residents, or the Denver Probate Court in Denver. Review your beneficiaries after marriage, divorce, or the birth of a child, and always name a contingent beneficiary.
Questions about your own policy? Johnson Insurance Agency in Englewood helps families and businesses across the Denver metro area and Colorado compare coverage from multiple carriers. Call us at 303-768-8130.
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