Can I change my beneficiaries after purchasing a policy?

Asked 6 months ago
Yes, you have the flexibility to change your beneficiaries after purchasing a policy with New York Life Insurance Company. Life circumstances can change, and New York Life understands this. To update your beneficiaries, simply contact our customer service team or your financial professional. They will guide you through the process and provide the necessary forms for making changes. It is important to review your beneficiaries periodically and update them as needed to ensure your insurance benefits are distributed according to your wishes. Remember, life insurance is designed to protect your loved ones, and being able to change your beneficiaries allows you to adapt your coverage to any evolving needs.
Jeff Whelpley is the editor / author responsible for this content.
Answered May 3, 2024

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