Changing Life Insurance Beneficiaries

When you purchase a life insurance policy, you must designate a beneficiary or beneficiaries. However, over time, you might want to change these beneficiaries. This typically occurs after a major life event, such as a marriage, the birth of a child, a divorce, or the death of a loved one. However, changing a life insurance beneficiary is more complicated than simply completing a form.

Before you change beneficiaries, you should carefully review your policy documents. Life insurance policies frequently set out specific conditions and requirements that you must meet before changing beneficiaries. If a policyholder does not meet these requirements, the insurance company will deny your beneficiary change.

Life insurance policies and their related documents can be highly technical and difficult to interpret. If you need help understanding your policy’s terms and conditions, contact a lawyer at Uscher, Quiat, Uscher & Russo, P.C., today.

Discuss Your Claim With A Knowledgeable Life Insurance Lawyer

If you have questions about your rights under a life insurance policy, contact an experienced lawyer for assistance. Uscher, Quiat, Uscher & Russo, P.C., assists clients in New Jersey and New York with life and other insurance matters. Contact us for a free consultation today: (201) 342-7100.