Who Can Be The Owner Of A Life Insurance Policy?
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63333 POINTSview profilePeggy MaceMost of the U.S.The most common owner of a life insurance policy is the person whose life is being insured. However, another person who has an insurable interest in the life of the Insured can be an owner of the policy. Also, a trust can own the policy. Whoever owns the policy has the right to change beneficiaries or make changes to the policy.Answered on November 11, 2013flag this answer
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