Michelle moved to Denver about a year ago and she called me because she was concerned about her husbands relatives, she wanted to know “Can other relatives in Denver, Colorado in the immediate family change the beneficiary of a life insurance policy?”

Denver, Colorado is the capital city of Colorado in the United States. The weather in Denver is heavily influenced by the Rocky Mountains. The climate is generally mild. Snow falls in Denver as late as May and as early as September.

The answer to Michelle’s question is: No, only the owner (the insured) of the life insurance policy can make changes! The owner of the life insurance policy is the only one that can make the distant relatives beneficiaries, but the distant relatives can not change a thing, only the owner can. This is a legal binding contract, the named beneficiaries will be up-held if this was challenged in court.