Change Of Beneficiary Provision


Definition of "Change of beneficiary provision"

RHONDA  COLON real estate agent
RHONDA COLON, Real Estate Agent Keller Williams Heritage Realty

Element of a life insurance policy permitting the policy owner to change a beneficiary as frequently as desired unless the beneficiary has been designated as irrevocable. Here the written permission of that beneficiary must be obtained in order to make a change.

 

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