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When a person gets a divorce, they may want to make sure that beneficiary and ownership info on life insurance is as they would like it. A lawyer may be of further help.
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Is life insurance required for divorce?
Life insurance is frequently required in a divorce settlement, particularly if there are children or debts.
Can you force your husband to give you his life insurance in a divorce?
No - a life insurance can only be payed out on death.
Do you have to provide life insurance for your x-wife?
No. If you had life insurance before you got divorce, you can cancel the policy.
Does the law require that I provide life insurance on myself for spousal support after divorce?
Laws vary from state to state and other countries. The divorce decree can specify that the spouse be named a beneficiary on a life insurance policy of a certain amount.
Can you keep life insurance on your ex?
If the life insurance is already in force and you are the owner you can keep it and she can do nothing about it. Any other scenario you would need her permission, ok, signature or what have you.Added: In many divorce-type situations it is a court ordered requirement of the divorce decree that a life insurance policy on the life of the alimony/child support-payer be kept in force at all times.
How can you prevent ex husband from life insurance benefit?
Unless you were ordered by the court, as part of the divorce settlement, to keep your ex-husband as the beneficiary on your life insurance then you can make a change in the beneficiary with your insurance company.
Can you collect on a life insurance policy if divorced from the deceased?
You can only collect on the life insurance if you were awarded this at time of divorce. I was awarded the ability to take out a life insurance policy on my ex. as I receive a military retirement which only exists if he is alive. After his death, it would stop, therefore I have the life insurance policy.
Is term life insurance spouse rider policy valid after divorce?
It would be valid only after due intimation of divorce and remarriage details to the Insurance Company within the tenure of the policy bond by the policy holder.
What can you do when an ex husband stops paying for son's health insurance and life insurance mandated in divorce agreement?
tell him to pay :D <><><> Have attorney contact court. If ordered in divorce settlement, it is NOT optional. Failure to comply with court order is contempt.
Is there a statute of limitations on demanding to be a benificiary of a life insurance policy that may or may not be part of a divorce decree?
If the divorce decree states that life insurance must be held naming the ex spouse as beneficiary (and any other conditions), then the ruling lasts until another court ruling. You are out of luck if you didn't get it added to the divorce decree in the first place. However, if you are parents of young children, it would serve you both well to hold a life insurance policy naming the other as beneficiary.
Can a divorce decree in Alabama require making the ex-spouse a beneficiary of life insurance and if so what statute provides for this?
Yes, it can.
In the state of Florida how do you get your ex-spouse off as the beneficiary?
The Florida Probate Code In Florida, divorce does not remove the ex-spouse as beneficiary under a life insurance policy. Florida takes the position that the life insurance policy is a contract and should not be interfered with unless fraud is involved. Check your insurance policy to be sure who you have named as beneficiary. Do not rely on the numerous statutory probate codes to determine who will get the insurance proceeds. If you want to change the beneificary of your life insurance policy and the divorce decree is final, complete a new beneficiary form, keep a copy and send it to the insurance company.
