I have a life unsurance policy with my now ex husband for 22 years. He is the policy and I am the rider. can he change beneficiary with out my concent
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
I have a life unsurance policy with my now ex husband for 22 years. He is the policy and I am the rider. can he change beneficiary with out my concent
Asked on June 16, 2009 under Insurance Law, Michigan
Answers:
B. B., Member, New Jersey Bar / FreeAdvice Contributing Attorney
Answered 15 years ago | Contributor
I doubt that he can change the beneficiary at all, if he's not the owner of the policy. At the same time, unless the divorce decree authorized it, you may not have the right to own insurance on his life any longer. In many states, the divorce ends your "insurable interest". Sometimes, insurance is used to "guarantee" payment of child support or alimony, but usually the person who's paying the support takes out the policy under the court's judgment.
For advice that you can rely upon, based on the facts and any unique provisions of Michigan law, please talk to an attorney in your area. One place to find counsel is our website, http://attorneypages.com
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.