I really hope someone can help me...

Discussion in 'Life Insurance Forum' started by SquishyDolphin, Aug 28, 2017.

  1. VolAgent
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    VolAgent Guru

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    According to the contract in compliance with state law. Any clause of a contract that violate state or federal law is null and void. Any contract containing such a clause and not having a severability clause is completely null and void.

    A beneficiary designation trumps the will because state law says so.

    So again I ask to SquishyDolphin, what does he mean when he says that the company said the policy precedes state law?
     
  2. scagnt83
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    scagnt83 Guru

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    State:
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    An Insurance Contract most definitely does not override State Law.

    Insurance Contracts are approved by each State they are sold in. Part of that approval process is making sure the contract provisions conform to state laws.
     
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