Can my spouse accept only part of my life insurance?

Partial acceptance is not possible, except to plan the possibility of confining the rights of the beneficiary with a so -called “multiple choice” clause, explains Olivier Rozenfeld, independent consultant, advice of the Harvest group.

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Question to an expert

I appointed my spouse as beneficiary of my life insurance contracts, can it accept only a party?

As much a great freedom is left to write the beneficiary clause of life insurance contracts, as much a partial acceptance is not possible, except to plan the possibility of confining the rights of the beneficiary with a “clause called to” multiple choice” “. This faculty must therefore be provided for at the initiative of the subscriber.

The clause could be, for example, the following: “I designate as beneficiary my spouse, failing this my spouse for half and my children living or represented for the other half, failing this my spouse for the third party and my alive children or represented for two thirds … “, etc.

If the spouse does not wish to receive 100 % of the sums, but only half, it will be enough for him to accept the second designation and to give up others. Thus, you have the ability to make tailor-made and adapt the capital received, as long as the date of the disappearance of the spouse will not be the same.

Another option would consist in taking out several lower unit amounts contracts. The surviving spouse would then accept only certain contracts and would renounce the benefit of others, who would benefit the children, if they have been appointed beneficiaries.

/Media reports.