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Relationship Discussion (non-explicit)
Reply to "Husband too me off life insurance "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Pp - wow I had a lot of typos above sorry. Most insurance companies require a spouse to sign away their consent if you did not sign the document and I think legally it has to go to you. [/quote] Insurance broker here - this is totally wrong. So long as her husband is the owner of the policy as well as the insured (which is how it's usually set up), he can change the beneficiary of the policy at any time for any reason, and she does not even have to be made aware that this change was made. Only by a court decree during divorce proceedings can it be required that one spouse shall maintain insurance, for a specified time period, with the other spouse as beneficiary.[/quote] Yes, I’m the PP whose mother changed hers and all we needed was the hospital notary. The insurance did not even bat an eye. [/quote]
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