When an individual moves to a different state, the life insurance policy typically remains in effect. However, there are important considerations to keep in mind. Life insurance policies are governed by the laws of the state in which they are issued, so the new state may have different regulations that could affect the policy. For example, the tax implications, coverage requirements, or the process for filing claims might vary.
It is advisable to review the policy details and check if the new state requires you to notify the insurance company about your change of address. While most life insurance companies, including Ameritas Life Insurance Company, allow policyholders to continue their coverage after a move, it is wise to ensure that the policy still meets their needs in the new location.
For specific details regarding how a move might impact your particular policy, it is a good idea to explore the current web page for more information on any required actions or pertinent regulations associated with relocating.