Can I cancel an irrevocable insurance policy?

Can I cancel an irrevocable insurance policy?

An irrevocable beneficiary is a more ironclad version of a beneficiary. Their entitlements are guaranteed, and they often must approve any changes in the policy. Irrevocable beneficiaries cannot be removed once designated unless they agree to it—even if they are divorced spouses.

See also  What happens to Gerber Grow-up plan when child turns 18?