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Changing policy beneficiary
originally posted: 11/22/2006
reposted: 2/18/2011 This post has not
been recently reviewed or revised by the author and may be out of date.
If you notice an error or are in doubt, please send a new question by
email or ask for an update. Email asktony@tonynovak.com.
Q: How do I change the
beneficiary of my life insurance in my will?
A: The beneficiary of a life
insurance policy cannot be changed by changing a will, not unless your
estate is named as beneficiary of the policy and that would be a poor
choice in term of financial planning. You can most easily change the
beneficiary by filing a form provided by the life insurance company.
Most companies provide these forms on the Internet or you can get them
through OnlineAdviser service.
Summary
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