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	<title>New answer on: Does A Will Override Life Insurance?</title>

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		<title>By: J Scott Burke</title>

		<link>https://www.insurancelibrary.com/life-insurance/does-a-will-override-life-insurance</link>

		<dc:creator>J Scott Burke</dc:creator>

		<pubDate>Sat, 06 Apr 2013 22:34:08 +0000</pubDate>

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		<description><![CDATA[In my work with funeral homes I have seen MANY cases where someone thought that their will would redirect the proceeds of their life insurance. Just a couple of months ago I was involved with a death where a man died and had been married to his 2nd wife for over 20-years. He and his 1st wife were bitter enemies. But he never changed the beneficiary on his life insurance policy. 

The entire $50,000 that the 2nd wife was expecting all went to his 1st wife. She was nice enough to pay the funeral expenses for him (she didn&#039;t have to.) But the remaining money all went to her.

This is a very common error and is another example of why everyone needs a good local life insurance agent that they review things with every few years. Life insurance should not be bought and then thrown in a drawer and forgot about.

If there is a living named beneficiary, the life insurance will not be affected by the will or the estate settlement.]]></description>

		

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		<title>By: Larry Gilmore</title>

		<link>https://www.insurancelibrary.com/life-insurance/does-a-will-override-life-insurance</link>

		<dc:creator>Larry Gilmore</dc:creator>

		<pubDate>Wed, 20 Mar 2013 05:00:38 +0000</pubDate>

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		<description><![CDATA[Usually a life insurance policy has a stated beneficiary and that beneficiary gets the proceeds outside of a will or probate. Unless the beneficiary page of a life policy refers to a will, it would be processed upon the presentation of a certified copy of the death certificate. So unless the life insurance references the will, it will work as stated in the beneficiary page.]]></description>

		

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