There shall be a provision as follows:
"Change of Beneficiary: Unless the insured makes an irrevocable designation of beneficiary, the right to change a beneficiary is reserved to the insured and the consent of the beneficiary or beneficiaries shall not be requisite to surrender or assignment of this policy or to a change of beneficiary or beneficiaries, or to any other changes in this policy." (The first clause of this provision, relating to the irrevocable designation of beneficiary, may be omitted at the insurer's option.)
Section: Previous 21.51.080 21.51.090 21.51.100 21.51.110 21.51.120 21.51.130 21.51.140 21.51.150 21.51.160 21.51.170 21.51.180 21.51.190 21.51.200 21.51.210 21.51.220 NextLast modified: November 15, 2016