What's the difference between legal and designated insurance beneficiaries?

Hello, the answer is as follows: \x0d\ If you don't write the beneficiary or "legal", it can only be counted as an inheritance \x0d\ The debt relief function of life insurance is definitely available, but you must specify the beneficiary when filling out the insurance policy, otherwise the compensation can only be counted as an inheritance, and the debts of the insured need to be repaid. \x0d\ According to Article 42 of the Insurance Law, if the debtor dies and the insurance he purchased has a clearly designated beneficiary, the insurance money will be directly compensated to the beneficiary, which will not be treated as an inheritance and will not be used to repay the debt. However, if the beneficiary is not specified, the beneficiary dies, or the beneficiary of the policy is only filled in as "legal", then the compensation will be counted as the insured's estate and the debt before death needs to be repaid. \x0d\ After customers buy life insurance, the funds are stripped from their personal assets and transferred to insurance companies, resulting in debt problems. According to the relevant laws and regulations, no institution, including the court, can touch the customer's insurance. \x0d\x0d\ beneficiary column that cannot be ignored \ x0d \ When filling out an insurance policy, you must never ignore the beneficiary column. When agreeing on the beneficiary, you must know four things: first, fill in the name of the beneficiary and the share of the benefit. Second, it should be clear that the beneficiary is designated by the insured, but it needs to be recognized by the insured. Third, we should know that the beneficiary can be changed. Before the occurrence of the insurance risk accident, the applicant or the insured may change the beneficiary. If the applicant changes the beneficiary, he must obtain the consent of the insured and notify the insurance company in writing. Fourth, it should be clear that the beneficiary's right to benefit is conditional on the beneficiary's survival. If the beneficiary dies before the insured and no other beneficiary is designated, the insurance money paid shall be treated as the insured's estate. \x0d\\x0d\ Best wishes!