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Divorce and Life Insurance
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What happens to a life insurance policy if a couple gets divorced?
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A
The policy remains in effect, but the ex-spouse is no longer the beneficiary.
💡 Explanation:
In most cases, a life insurance policy remains in effect after a divorce, but the ex-spouse is no longer the beneficiary. The policy owner can change the beneficiary to a new person, such as a child or a new spouse.