Does a Will supersede A Life insurance beneficiary clause?

1 answer

Answer

1151475

2026-05-09 18:05

+ Follow

No, They are two separate legal documents with entirely different purposes.

An insurance policy is a contract between the insured and the Insurance company. The insurance company is bound by the contract to pay the beneficiary designated by the insured policy owner. Life insurance proceeds are for the designated beneficiary.

Heirs in a will are designated inheritance of estate by the will. A will is not a contract, it is a document of assignment.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.