Life · Chapter 21 · Individual Provisions
Designation of Beneficiary (Florida)
Definition
A life policyowner can always change the beneficiary or beneficiaries — unless the designation is irrevocable, in which case the beneficiary must agree to the requested change.
In plain English
Revocable: your pen, your call. Irrevocable: their signature first.
Easy to confuse with
These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.
Related terms