Can I change who receives the money from my policy?
Whether beneficiaries can be changed depends on the trust type and deed. Some trusts use classes of potential beneficiaries and trustee discretion; others are more fixed. Obtain trust-specific guidance before making changes.
Can I change who gets the money?
Whether and how beneficiaries can be changed depends on the policy ownership and trust type. Life events such as marriage, separation, divorce, births and deaths are strong reasons to review existing beneficiary arrangements.
Why are you asking me to check my beneficiaries?
Relationships and family circumstances change. A periodic beneficiary/trust check helps make sure policy proceeds are still directed in line with current intentions.
This article is general information about UK protection insurance, not personalised financial advice. Policy terms vary between insurers and products, so always check your own policy documents.
Last updated 27 October 2026