Can irrevocable beneficiary be changed?

by Guest » Sun May 10, 2009 10:54 am
Guest

My divorce settlement named me irrevocable beneficiary of my ex husband life insurance to cover specefic financial obligation due to me. After financial obligaions were met the policy would go to our children wwho are now adults. Ex-husband died and the life insurance policy naming me beneficiary is no longer. He took out a new policy naming his girlfriend. None of my financial obligations were met. I just found out and hope it is not too late to contest if she has already been paid out.

Total Comments: 1152

Posted: Sun Oct 20, 2013 02:29 am Post Subject: irrevocable beneficiary

The insurance company has told me that the policy is "password protected" and they cannot and will not give me any information without that pass word. Any suggestions??

Thank you for all your previous information.

Posted: Sun Oct 20, 2013 08:29 pm Post Subject:

I don't know what they are referring to about "password protected", but unless you are the owner, you are not entitled to information about the policy unless you institute litigation and request a copy of the policy through "discovery".

Please send me a private email so we can discuss some things confidentially. I may be able to assist.

Posted: Mon Oct 21, 2013 12:29 am Post Subject: Pass word

My husband has a password for his policy with the insurance company. Without knowing what the password is the insurance company will not give out any information about the policy. Is that legal?? What can I do??

Posted: Mon Oct 21, 2013 05:03 am Post Subject:

As I previously said, only the owner has the right to policy information. If the insurance company doesn't want to talk to you because you are not the owner, they don't have to. 100% lawful.

What can I do??

As I mentioned previously, send me an email -- click on the link below -- so we can discuss this confidentially. I may be able to help.

Posted: Wed Nov 20, 2013 11:54 pm Post Subject:

I am curious to know the differences between USA and Canada irrevocable beneficiaries. In Canada it can be changed if beneficiary signs change of beneficiary forms, is it same in USA, or does it differ from state to state?

Posted: Thu Nov 21, 2013 01:13 am Post Subject:

An irrevocable beneficiary must consent to be removed. Period. No consent, no change. Canada, US, England, Japan, China -- doesn't make a difference.

Posted: Fri Apr 08, 2016 10:48 am Post Subject: LIFE INS

MY X ATT. TOLD MY X ATT. THAT HE DIDNT HAVE TO PAY FOR MY LIFE INS. OR MY MEDICAL ANY MORE MY ATT. MADE THIS DEAL BEFORE HE TOLD MEI WAS UP SET BUT I KNEW MY LIFE INS,WAS NO CASH VAIUE HUSBAND DIED NOW THEY TELL ME IT WAS HIS LIFE INS I SIGN AWAY DAUGHTER GETS ALL OF IT SHE HASENT BEEN AROUNG IN 30 YRS IVE BEEN MARRIED TO HIM 38YRS CAN IT BE AMENDED

Posted: Fri Apr 15, 2016 04:08 pm Post Subject:

If you're asking about an irrevocable beneficiary, the answer is, as previously stated, NO, as long as the beneficairy is alive.

Posted: Thu Apr 28, 2016 12:16 pm Post Subject: iMtofxedWynFMxo

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Posted: Tue May 10, 2016 05:14 am Post Subject: Life Ins. beneficiary

Our ex-daughter in-law recently passed away. She had 2 daughters age 19 & 25 with our son. She remarried a few months before her passing. There was a $100,000. Life Ins. Policy left with her 2nd husband as sole beneficiary. (or so we are being told). Are her biological children by her 1st marriage entitled to any of the Life Insurance money? Can they contest the policy? There was no will as far as we can tell? The girls mother lived in Missouri prior to her passing away. One daughter lives in MO. & the other lives in KY.

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