2449. A policyholder’s or participant’s designation, in a writing other than a will, of his or her married or civil union spouse as beneficiary is irrevocable, unless otherwise stipulated. The designation of any other person as beneficiary is revocable unless otherwise stipulated in the policy or in a separate writing other than a will. The designation of a person as subrogated policyholder is always revocable.
Where revocation is permitted, it may only result from a writing but it need not be express.
1991, c. 64, a. 2449; 2002, c. 6, s. 56; I.N. 2014-05-01.