Can I Change My Life Insurance Beneficiary? 
Sure you can . All you need is a simple form . Ask your broker , orl call the carrier directly . Big question : what will you do if unfortunately this beneficiary is not alive when the benefit can be paid ? You need a contingent beneficiary as a backup . Give that some thought : who should be second in line to receive the money ? Another big question : is the beneficiary going to be a minor ? Did you know that an insurance company will not pay a benefit to a minor ? This means that you need to do some estate planning , in terms of having an executor and custodian appointed . An attorney who specializes in estate planning can help you . 