Inquiry Routing & Information System (IRIS)
Changing Government Life Insurance Beneficiary
I have Power of Attorney for a veteran. Can I change the beneficiary on his Government Life Insurance policy?
No, a power of attorney is not acceptable for executing a change of beneficiary for government life insurance even if certain state statutes allow it. The beneficiary designation can only be changed by the veteran or by a court appointed guardian, depending upon whether the veteran is competent or incompetent.
Changing a beneficiary designation for a veteran who is competent