The beneficiary is not required to sign a life insurance application as they do not own or own the policy.
Why is an applicants signature required?
Why Is an Applicant's Signature Required on a Life Insurance Application? It is considered insurance fraud if you lie or knowingly misrepresent information on a life insurance application. By signing the policy, you affirm that everything included in the application was accurate and truthful.
Do you have to sign life insurance?
A life insurance application does not need to be signed by the insured person or beneficiary. The policyholder is the only person who needs to sign the application.
What are the parts of a life insurance application?
Application for Insurance means all documents, materials, statements and exhibits, whether or not prepared by the Insured, submitted to the Company by or on behalf of the Insured for the purpose of obtaining a Commitment of Insurance or a Certificate of Insurance.