If a life insurance policy has an irrevocable beneficiary designation,
If a life insurance policy has an irrevocable beneficiary designation,
a. the owner can always change the beneficiary at will
b. the beneficiary cannot be changed
c. the beneficiary can only be changed with written permission of the beneficiary
d. the beneficiary cannot be changed for at least 2 years
Answer: c. the beneficiary can only be changed with written permission of the beneficiary