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It's difficult for some people to decide who should be made the primary and contingent beneficiaries of their Mortgage Protection Plan. While many married couples automatically choose a spouse as the primary beneficiary, many are unsure who should be the contingent beneficiary. Unmarried individuals are often torn between naming a parent or a sibling as primary or contingent beneficiary. In order to help you decide which family member is right for which role, ask yourself some questions:
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Mary White |