What will happen to my Spouse Rider on my life insurance policy after I get divorced?

A spouse rider on a life insurance policy is an endorsement that allows the policyholder to add their spouse as a beneficiary to their life insurance policy. If the policyholder and their spouse get divorced, the terms of the policy will typically change. In most cases, the spouse rider will be automatically removed from the policy when the divorce is finalized. The policyholder may need to contact their insurance provider to have the rider removed, depending on the terms of their policy. If the policyholder wishes to continue providing coverage for their ex-spouse after the divorce, they may need to amend the terms of their life insurance policy. This may involve adding a new beneficiary or changing the terms of the policy to provide coverage for their ex-spouse in a different way. It is important to note that life insurance policies are considered assets and may be subject to division during a divorce settlement. Depending on the terms of the divorce settlement, the policyholder may need to transfer ownership of the policy to their ex-spouse or make other changes to the policy to comply with the terms of the settlement. In summary, the spouse rider on a life insurance policy will typically be removed when a divorce is finalized, and the policyholder may need to amend the terms of the policy if they wish to provide coverage for their ex-spouse in a different way. It is important to consider the terms of any divorce settlement that may affect the ownership or division of the life insurance policy.