If your ex has a life insurance policy on you, can you force them to cancel it?

Get Legal Help Today

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

If your ex has a life insurance policy on you, can you force them to cancel it?

My Ex-Wife has two life insurance policies on me. I tried to convince her to cancel the policy. She refuses. I called the insurance companies and they refused to cancel the policies because she is paying the premium. I am not comfortable with her having about 10 years worth of my salary in life insurance policy payable to her upon my death. Can I force her or the insurance company to cancel the policies?

Asked on June 12, 2009 under Insurance Law, North Carolina

Answers:

B. B., Member, New Jersey Bar / FreeAdvice Contributing Attorney

Answered 14 years ago | Contributor

I don't blame you for being uncomfortable with this.  In some cases, a court will order this, as part of a divorce, in order to protect future support payments, although it's more commonly for the benefit of children than ex-spouses.

If there's no court order that mentions it, in most states she has no insurable interest in your life, and if you didn't have it, she couldn't buy a new policy on you.

Your attorney should be able to clear this up with a letter or two, I would think, or explain, based on all of the facts (which I don't have), why something else needs to be done, or not.  One place to find a lawyer is our website, http://attorneypages.com


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

secured lock Secured with SHA-256 Encryption