Is Life Insurance Community Property? 
California is a community property state . There are only a few states in this group . In California a life insurance policy would be considered community property unless it was purchased entirely with non-community property assets . This would be very unusual . The thing that is important is that the policyholder in California can not act independently of their spouse . That is the policyholder can not change the beneficiary , take out a policy loan or surrender a policy without the signature of their spouse . 