Maine § 24-A §2716 Change of beneficiary

Maine Statutes

§ 24-A §2716 — Change of beneficiary

Maine § 24-A §2716

Title 24-AMAINE INSURANCE CODE

Ch. 33HEALTH INSURANCE CONTRACTS

This text of Maine § 24-A §2716 (Change of beneficiary) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 24-A, § 24-A §2716 (2026).

Text

1.There shall be a provision as follows:Change of beneficiary: Unless the insured makes an irrevocable designation of beneficiary, the right to change the 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 any change of beneficiary or beneficiaries, or to any other changes in this policy.

2.The first clause of the above provision relating to the irrevocable designation of beneficiary may be omitted at the insurer's option.

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1.
There shall be a provision as follows:Change of beneficiary: Unless the insured makes an irrevocable designation of beneficiary, the right to change the 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 any change of beneficiary or beneficiaries, or to any other changes in this policy.
2.
The first clause of the above provision relating to the irrevocable designation of beneficiary may be omitted at the insurer's option.