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Can a husband change his life insurance policy to include his new wife in the state of Washington if it is stipulated in the dissolution that the children are to be the sole beneficiary of the policy?
Wiki User
∙ 16y ago
If the husband is the policy "owner", and the children are listed as "revocable" beneficiaries, then the change can be made. However, you can be sure [that] when the husband dies, the new beneficiary designation will be challenged. Think carefully about this before you act. Perhaps , assuming the husband is insurable, a new (additional) policy should be purchased naming the new wife as the primary beneficiary.
Wiki User
∙ 16y ago
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Can a husband change his life insurance policy from his ex wife to his new wife in the state of OhioIt is stipulated in the dissolution that the ex wife is to remain benificiary any way to change it?
You must keep the life insurance policy that was discussed in the divorce until your ex remarries. But there is nothing to keep you from buying a new policy and making your new wife ITS beneficiary. That has nothing to do with the divorce decree.
Can your beneficiary collect benefits from your insurance policy if you commit suicide?
Your beneficiary can collect benefits from your insurance policy if you commit suicide if, 1. Your policy provisions for payout in the event of suicide. 2. Your waiting period has been satisfied if stipulated by your insurance carrier and policy. Read your policy carefully and contact your policy carrier for assistance and clarity as it relates to your policy.
Do you have to have a beneficiary on your health insurance?
In general, no. You only need a beneficiary for life insurance.
Can you have a secondary beneficiary on your life insurance?
Yes, you can have a secondary beneficiary on your life insurance policy. If the primary beneficiary is no longer living when you pass away, the secondary beneficiary would receive the proceeds from your life insurance policy.
Who receives life insurance the beneficiary or absolute assignee?
beneficiary
Is surviving spouse the legal beneficiary of a life insurance policy if a different beneficiary is named?
No, the spouse is not. The beneficiary is named. There are laws that require the spouse to sign an acknowledgement that there is life insurance that she is not the beneficiary of.
Who can legally change the beneficiary on a life insurance policy?
The Insured can change the beneficiary on a life insurance contract.
Can you contest a life insurance beneficiary change?
The owner of a life insurance policy has the right to choose the beneficiary. Another person has no power to change that choice.
When referring to life insurance what is the definition of a beneficiary?
When referring to life insurance, a beneficiary is a person specified by the contract holder. This beneficiary will receive the benefits if the primary beneficiary has died at the time the benefit is to be paid.
If you purchase life insurance policy on your adult child naming myself as beneficiary can adult child change beneficiary?
The purchaser of an insurance policy names the beneficiary.
When talking in life insurance what does contengent mean?
In regards to life insurance, contingent usually means secondary. For example a contingent beneficiary is a secondary beneficiary, not the primary beneficiary. The contingent beneficiary would receive the proceeds from a life insurance policy if the primary beneficiary were not alive when the insured person dies.
Will the insurance company pay the beneficiary if the beneficiary kills the insured?
Not if they found out.
