I'm sure, one needs to have another look at the insurance clauses when he files for divorce. Will it really cause any damage to our health and life insurance?
Total Comments: 12
Posted: Mon Mar 29, 2010 12:56 am Post Subject: insurance
I have SGLI. I'm Army Reserves ('part time'), not Active Duty. My spouse (then) was a Benenficiary on my Life Insurance. When I divorced (and showed proof of it), my spouse was taken off, as Beneficiary.
Posted: Wed Mar 31, 2010 04:01 pm Post Subject:
Well, we finally get the right information. Has nothing to do with the policy, it's merely a change of beneficiary. That could have been done at any time, divorce or no divorce.
But even a change of beneficiary is not "AUTOMATIC" simply because of a divorce. Even in SGLI.
My discussion above about both SGLI and FGLI is not one of beneficiaries, but one of who can be an insured.
It always helps to know which side of the discussion we are supposed to be talking about.
Posted: Mon Mar 29, 2010 12:56 am Post Subject: insurance
I have SGLI. I'm Army Reserves ('part time'), not Active Duty. My spouse (then) was a Benenficiary on my Life Insurance. When I divorced (and showed proof of it), my spouse was taken off, as Beneficiary.
Posted: Wed Mar 31, 2010 04:01 pm Post Subject:
Well, we finally get the right information. Has nothing to do with the policy, it's merely a change of beneficiary. That could have been done at any time, divorce or no divorce.
But even a change of beneficiary is not "AUTOMATIC" simply because of a divorce. Even in SGLI.
My discussion above about both SGLI and FGLI is not one of beneficiaries, but one of who can be an insured.
It always helps to know which side of the discussion we are supposed to be talking about.
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