Life insurance policies

Due to separation, my husband is going to liquidate a life insurance policy of which I am the beneficiary to free up some money to pay some debt. He says this money is HIS money and I would only be entitled to it should he die. Please tell me what rights if any I would have to half this money. This policy was drawn up while we were together. I just want to make sure this money is used to pay OUR debt and none of it goes towards the new diamond he bought the girl he is living with for the last 2 months!! Thanks!

The cash value of the insurance policy is martial in nature and you are entitled to half of that money, in cash, or in the form of paying down marital debt.