If my ex-spouse is deceased and a life insurance company contacted me, am I still entitled to the policy?

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If my ex-spouse is deceased and a life insurance company contacted me, am I still entitled to the policy?

I was the Primary Beneficiary. The insurance company has now revoked my claim that they initiated.

Asked on September 28, 2014 under Insurance Law, Colorado

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 9 years ago | Contributor

Colorado has what is called "revocation statute" - CRS §15-11-804 - which works by revoking or canceling existing estate planning documents which gave your spouse specific rights. A life insurance policy is one of them.  However, there has been a recent case that held otherwise so I would speak with a lawyer about your specific facts.  


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