Life insurance policies require that you name at least one person entitled to receive the assets inside the policy when you pass away. This is known as your beneficiary, and it overrides what is stated in your will. This makes it extremely important to think carefully about your named beneficiaries. 
An irrevocable beneficiary is someone who is permanently listed on that policy. If there are multiple beneficiaries named on one life insurance policy, such as numerous contingent beneficiaries and one primary beneficiary, then making changes to that policy would require the consent of all of those people.
This is why it is so important to carefully choose your beneficiaries. Revocable beneficiaries are much more common when it comes to life insurance policies. This is because the owner of the policy can change these beneficiaries at any time during the policy owner’s lifetime and for any reason.
It is important to regularly update the beneficiaries on your retirement policies and your life insurance policies because these important components are used to determine who will receive your assets after you pass away.
Do not hesitate to consult with a qualified and knowledgeable lawyer to help you with the process of determining your next steps. You deserve to have an attorney who is very familiar with all aspects of estate planning.
