Yes, it is generally possible to change the beneficiaries on a life insurance policy. Most life insurance companies, including LSM Insurance, allow policyholders to update their beneficiary designations at any time, as long as they are alive and have the legal capacity to do so. The specific process for making this change can vary depending on the insurer.
Policyholders typically need to complete a beneficiary change form, which can usually be obtained through the insurance company's website or customer service. It is important to ensure that the new beneficiary information is clear and accurately recorded to avoid any confusion in the future. Additionally, some policies may have specific requirements or limitations regarding the types of beneficiaries that can be named.
For the most accurate and detailed information regarding the process, one may want to visit the current web page of LSM Insurance or check their policy documents. This will provide guidance on how to proceed with changing beneficiaries according to their protocols.