Final answer:
Once a life policy is in effect, the policyholder generally cannot change the beneficiary without the consent of the current beneficiary, unless the policy has specific provisions allowing for beneficiary changes.
Step-by-step explanation:
The correct answer is True.
Once a life policy is in effect, the policyholder generally cannot change the beneficiary without the consent of the current beneficiary, unless the policy has specific provisions allowing for beneficiary changes.
For example, if Claudia wants to change the beneficiary on her life policy, she would typically need to contact her insurance provider and follow their specific procedures to make the change.