how do you add spouse to your blue cross blue shield health insurance
You can add your baby. But unless there was a life event with your spouse (just married, just lost job or insurance), you probably cannot add him. Check with your insurance carrier to be sure.
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.
Yes one can buy life insurance for his or her spouse because he or she has insurable interest in the spouse. One would not like to see his or her spouse die so there is no moral hazard involved.
life insurance payouts
If it is Life Insurance, you can select any person you want as beneficiary. If it is Health Insurance, you can add a spouse and/or dependents. This will change your premium so you need to contact your Insurance Company for forms and approval.
In rare cases, a person will make a close friend or relative the beneficiary of their life insurance policy instead of their spouse.
Joint credit life insurance is money paid to you or your spouse if either of your are ever arrested on drug charges.
Spouse gets 100% unless noted in will
Whether or not a surviving spouse is entitiled to any life insurance proceeds DEPENDS on the fact that most, if not all, policies must be paid to the named beneficiaries in the insurance policy records.