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This Web site contains a compilation of more than a thousand consumer finance  columns written by Tony Novak from the 1980s through 2006, updated and reformatted for maximum usefulness today.  New material was added after 2010.

Content is the opinion of the author and does not represent the position of any other person or entity. Information is from sources believed to be reliable but cannot be guaranteed.

The author is paid for product endorsements and has an ownership or other financial interest in the businesses related to the topics covered.

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Changing policy beneficiary

originally posted: 11/22/2006  reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If you notice an error or are in doubt, please send a new question by email or ask for an update. Email asktony@tonynovak.com.

Q: How do I change the beneficiary of my life insurance in my will?

A: The beneficiary of a life insurance policy cannot be changed by changing a will, not unless your estate is named as beneficiary of the policy and that would be a poor choice in term of financial planning. You can most easily change the beneficiary by filing a form provided by the life insurance company. Most companies provide these forms on the Internet or you can get them through OnlineAdviser service.

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