Charlotte North Carolina Request for Change of Beneficiary of Life Insurance Policy

State:
Multi-State
City:
Charlotte
Control #:
US-01745BG
Format:
Word; 
Rich Text
Instant download

Description

If the method of changing beneficiaries in insurance policies is prescribed by statute or by the policy itself, the required formalities must be observed. If the beneficiary has a vested right in the policy or if the policy does not reserve the right of the insured to change the beneficiary, the consent of the beneficiary must be obtained to change the beneficiary. Relevant state statutes must be consulted to determine if they require the consent of the beneficiary to effectuate a change of the beneficiary.

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Charlotte North Carolina Request for Change of Beneficiary of Life Insurance Policy