Almost everyone has some form of loyalty rewards, whether it is credit card points, Air Miles, or reward miles from a specific airline. Those points have high value; I have booked several trips solely through points. If you wait long enough, the points can add up significantly. But what happens when you die?
Unfortunately, each program has its own rules – or rather, some have rules, and some haven’t quite figured it out yet. Air Miles can be transferred on death; Aeroplan cannot. Some American air carriers have clear policies; some do not. And credit card points are entirely dependent on the bank.
If you want to pass your loyalty points to a spouse or other beneficiary on your death, you should look into the company you are with to find out their policy now, in order to make it easier on your loved ones in the future.