33-22-215. Change of beneficiary. (1) There shall be a provision as follows:
"Change of Beneficiary: Unless the insured makes an irrevocable designation of beneficiary, the right to change a beneficiary is reserved to the insured and the consent of the beneficiary or beneficiaries shall not be requisite to surrender or assignment of this policy or to any change of beneficiary or beneficiaries or to any other changes in this policy."
(2) The first clause of this provision, relating to the irrevocable designation of beneficiary, may be omitted at the insurer's option.
History: En. Sec. 365, Ch. 286, L. 1959; R.C.M. 1947, 40-4015.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 22. Disability Insurance
Part 2. Individual Policy Requirements
33-22-202. Required provisions -- captions -- omissions -- substitutions -- order
33-22-203. Requirement of other jurisdictions -- statutes -- violation
33-22-204. Entire contract -- changes
33-22-205. Time limit on certain defenses
33-22-211. Time of payment of claims
33-22-213. Physical examination and autopsy
33-22-215. Change of beneficiary
33-22-217. through 33-22-220 reserved
33-22-221. Optional policy provisions -- substitutes
33-22-222. Change of occupation
33-22-223. Misstatement of age
33-22-224. Other insurance in this insurer
33-22-225. Insurance with other insurers -- provision of service or expense incurred basis
33-22-226. Insurance with other insurers -- other benefits
33-22-227. Relation of earnings to insurance
33-22-229. Conformity with state statutes
33-22-232. Renewal at option of insurer
33-22-233. through 33-22-240 reserved
33-22-242. Waiver of preexisting condition exclusion -- exclusion prohibited
33-22-243. Premium increases to be distributed proportionately
33-22-244. Disclosure standards -- individual policy
33-22-246. Preexisting conditions relating to individual market
33-22-247. Guaranteed renewability of individual health insurance coverage