Can anyone transmit me give or take a few a existence insurance decree that say if you are divorced you cannot collect benefits?

Answers: Never heard of it, and I've be licensed for life in Ohio.

Whoever the policy owner name as beneficiary, collects the life insurance benefits. Source(s): agent, 20+ years
the merely time you will hear that, is when someone who wishes they were the bene. You can collect if you are single, married divorced, remarried, or anything else so long as you are the named bene.
Section 1339.63 of the Ohio Revised Code, which took effect on May 31, 1990, provides that upon the termination of a marriage by divorce, dissolution, or annulment, all natural life insurance beneficiary designations in favor of a former spouse are automatically terminated unless the divorce decree specifically provides otherwise.
Can not imagine this would be so. If you are the designated human being to receive the benefit, you should receive regardless of marital status
The imperative does not matter. If you are the named beneficiary surrounded by the life policy, you will receive the death benefits.

Now, if the insured didn't baptize a beneficiary, the proceeds will go to his/her estate. You won't be able to touch his/her estate. Only nearest and dearest members can. Who gets what will be determined by the court. So, if you want to avoid this problem within the future, get yourself a Will. If you enjoy life insurance, check who is your beneficiary. Source(s): http://obe231.blogspot.com/

Related Questions:
Do abounding family hold energy insurance?   Can anyone, please, aid me next to these 2 multiple question nearly financial market?   My friend wishes go insurance. Is the blood drawing for purely AIDS or for drugs as capably?   Can time insurance be bought on someone, lacking their prior awareness?   If a parent dies from cancer at 50 years antiquated, and have a 10 year duration insurance policy...how much..?