Yes, policyholders have the ability to change beneficiaries on their insurance policies with Mutual of Omaha. It is common for individuals to update beneficiaries due to major life events such as marriage, divorce, or the birth of a child. The process typically involves filling out a beneficiary change form, which can be found on the Mutual of Omaha website or through your advisor if you have one. It is important to carefully consider who you designate as a beneficiary, as this decision can impact the financial security of your loved ones. Once the change is submitted and processed by Mutual of Omaha, the new beneficiary designation will take effect. It is advisable for policyholders to keep their beneficiary information up to date. For specific instructions or to check for any requirements, it may be helpful to refer to the current official Mutual of Omaha web page for further details.