Exam term

Owner's rights

The set of contractual rights held by the policyowner while a policy is in force, including naming or changing beneficiaries, assigning the policy, accessing cash value, and exercising policy options.

Lessons that use this term

Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights Florida
Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights New York
Core contract provisions: entire contract, insuring clause, free look, consideration, owner's rights Texas