How often can a policyholder change their beneficiary?

A policyholder can change their beneficiary as often as desired, unless the policy contains specific restrictions. This flexibility allows the policyholder to update their beneficiary designation in response to life changes, such as marriage, divorce, or the birth of a child, ensuring that the intended recipients of the policy’s benefits are current and aligned with the policyholder's wishes. It is crucial for policyholders to review their beneficiaries periodically and make updates as needed, reinforcing the importance of maintaining accurate and relevant beneficiary information within the policy.

Other options suggest limitations that are not standard for most insurance policies, thereby emphasizing the importance of understanding the specific terms outlined in an individual's policy document.