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If an insured has a policy where there is no named beneficiary, or the named beneficiary is deceased, then the benefit will be paid to the insured's estate.

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โˆ™ 2012-11-28 02:52:10
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Q: What if no beneficiary is named on a life insurance policy and they have a spouse what happens?
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Related questions

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.


If you take out a life insurance policy name your father as beneficiary and then get married but don't change the beneficiary to your spouse does the spouse have any rights to the policy?

No. The beneficiary is whoever is specifically named on the policy.


Can your ex spouse be on your insurance policy?

You can name anyone as beneficiary.


What happens to a spouse when an ex girlfriend is left as the beneficiary on an old life insurance policy?

It is the responsibility of the person holding the life insurance policy to keep the beneficiary data updated as necessary. In the scenario in the question, the ex girlfriend was listed as the beneficiary ... and will be awarded the proceeds from the policy. Unfortunately, there is little the spouse can do to stop that. The beneficiary designation is binding and will hold up in a court of law.


How can a person be a beneficiary of a life insurance policy if the spouse of the deceased is still alive?

In rare cases, a person will make a close friend or relative the beneficiary of their life insurance policy instead of their spouse.


What happens if the beneficiary of a life insurance policy is not the spouse- does the spouse need to sign a spousal consent?

Are you referring to a group policy offered through work or an individually owned life insurance policy? For individual life insurance policies, the owner of the policy has complete control and can name anyone they like as the beneficiary, and the owner does not need spousal permission to do this.


In Louisiana does a divorced spouse remain an insurance beneficiary?

Yes, if the owner of the policy does not file a change of beneficiary the insurance will have to pay the proceeds to the person who is named on the policy.


Who collects when there's no beneficiary on a life insurance policy?

who collects the life insurance in a marriage when one spouse dies and theres no beneficiary on file


Can a spouse change there deceased spouses beneficiary name on a life insurance policy?

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.


Is the surviving spouse the legal beneficiary of a life insurance policy if no one is named beneficiary?

The policy would default to the Estate. which in most cases the spouse would be the executor of the estate. however, it would have to go through probate court first, so you always want to have a primary beneficiary a life insurance policy.


How do you add a spouse to your life insurance?

Your spouse can get a separate policy (usually cheaper) or you can contact your insurance company to get the right paperwork for adding your spouse. Adding your spouse as a beneficiary, your agent can help.


Life insurance policy bought before married is the spouse then named benefifiary?

Beneficiary unchanged.

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