In the absence of any court order or other instructions, if a divorcee is party to a joint life, first death policy with an ex-spouse, what will typically happen to the policy?

In the case of a joint life, first death policy held by a divorcee and an ex-spouse, the policy will typically continue. This means that despite the dissolution of the marriage, the terms of the joint policy remain in effect unless there is a specific court order that mandates changes to the policy, such as a termination or division of benefits.

Joint life policies are structured to pay out upon the first death of either insured party. Therefore, unless a formal action is taken to alter or terminate the policy, it will generally remain in place. This continuation allows for the possibility that one of the individuals may wish to retain the policy for its coverage benefits, particularly if there are dependents or financial obligations that still require protection.

Other options imply immediate actions that the policy does not automatically trigger upon divorce, or they suggest changes that are not standard procedure without explicit legal directives. Consequently, the continuation of the policy represents the most common scenario under these circumstances, providing a degree of financial stability and consideration for both parties involved.