The owner of the policy can change the beneficiary of the policy. If the original beneficiary has died before the insured, the owner of the policy can designate a new beneficiary at any time.
No. The contingency that triggers payment of a life insurance is the death of the named insured. That person could have changed the beneficiary designation prior to his/her death. Even if the policy had given the power to change the beneficiary to another person, the change would have had to be exercised before the named insured dies.
== == Ask to see the change of beneficiary forms. Verify signatures.
A judge, if there is a good enough reason presented to the court.
The person named as the beneficiary on the policy, or on file within the records of the insurance company. James V. Medici, CLU,CLTC Charlotte, NC
The Insured can change the beneficiary on a life insurance contract.
Assuming you are talking about Life Insurance the answer is no. Once the insured is deceased, this will trigger the insurance company to pay the benefits to the beneficiary, and the policy will no longer exist. The owner no longer owns anything.
As long as you did not make your beneficiary irrevocable, you can just change your beneficiary. If your beneficiary is irrevocable you are out of luck unless you can get them to authorize the change.
The owner of a life insurance policy has the right to choose the beneficiary. Another person has no power to change that choice.
The purchaser of an insurance policy names the beneficiary.
No.
yes. until you change the beneficiary they will stay on there
If he is showing as the beneficiary on your policy - yes. You can call the insurance company or your agent to change the beneficiary.