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Not necessarily. Some companies have an option where you can actually split up the life insurance policy if you were to get divorced. Sometimes it isn't the case though, so I would be sure to check with your current insurance company.

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Q: Do you have to cancel joint life insurance if you get divorced?
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Related questions

How can I cancel joint life insurance when one party doesn't consent?

This will depend on some factors. Who is the policy-owner? The policy-owner is the only person who can cancel the insurance policy,


How long does it take to cancel your life insurance policy?

I have a whole life insurance policy, how long does it take to cancel it, also can I get money back from it.


Can you cancel a term life insurance policy?

Yes. Term insurance is like renting insurance.


Do you have to provide life insurance for your x-wife?

No. If you had life insurance before you got divorce, you can cancel the policy.


Can you stop a term life insurance policy?

Yes, you can. Call the life insurance company and cancel the policy.


What is joint credit life insurance?

Joint credit life insurance is money paid to you or your spouse if either of your are ever arrested on drug charges.


How do you write a letter to manager for cancel your life insurance?

Yo I'm about to kill my wife how do I change my life insurance to her ;)


When should one cancel term insurance?

One should cancel term life insurance when it is no longer needed, or the premiums required become unaffordable


What are some good rates on joint term life insurance?

Joint term life insurance rates vary according to the person's age, their health, and the company offering the life insurance. It is impossible to know what rates are available for joint term life insurance without knowing personal information. A person may compare rates at the Globe Life Insurance or Bank Rate websites.


How good is joint life insurance, and how much is it?

Joint life insurance basically insures two people with one policy. Joint life insurance policies exercise more leniency, making it easier to get life insurance. Premiums are also usually lower than if you were to buy two separate policies.


Life insurance when you get divorced?

A very good idea! I can help you! 4LifeGuild


Does your husband have to pay life insurance premiums until you are divorced?

and sometimes after that.